Strong dollar keeps metals’ gains in check
6 days, 14 hours ago

Strong dollar keeps metals’ gains in check

Live Mint  

By Violet Li and Mei Mei Chu SHANGHAI, Jan 3 - Most base metals edged up within tight ranges on Friday, influenced by mixed macroeconomic data from China and the United States, but gains were limited by a stronger U.S. dollar. The most-traded January copper contract on the Shanghai Futures Exchange dropped 0.3% to 73,070 yuan a ton. LME aluminium was relatively unchanged at $2,530 a ton, nickel rose 0.2% to $15,100, zinc lost 0.1% to $2,923, tin gained 0.3% to $28,650, while lead was 0.1% higher at $1,935. SHFE aluminium was down 0.3% to 19,830 yuan a ton, nickel fell 1.5% to 122,530 yuan, zinc retreated 2.3% to 24,630 yuan, lead dropped 0.4% to 16,755 yuan, and tin edged down 0.6% to 242,570 yuan.

Yuan  dollar  ton  03  tin  metals  weekly  strong  gains  stronger  zinc  01  yuan  keeps  check  copper

History of this topic

Copper edges higher on fund buying, but tariff worries cap gains
1 day, 6 hours ago

Copper edges higher on fund buying, but tariff worries cap gains

Live Mint  

By Eric Onstad LONDON, Jan 8 - Copper prices made modest gains on Wednesday as some funds dipped into the market, but uncertainty about potential tariffs on the world's biggest metals consumer China kept the rise in check. Three-month copper on the London Metal Exchange was up 0.2% at $9,019 per metric ton by 1100 GMT, holding above the $8,757 …

Yuan eases to 16-month low, pressured by strong dollar
1 day, 13 hours ago

Yuan eases to 16-month low, pressured by strong dollar

Live Mint  

SHANGHAI, Jan 8 - China's yuan fell to a 16-month low on Wednesday, pressured by a strong dollar and tariff threats from U.S. President-elect Donald Trump's incoming administration, despite the central bank setting stronger-than-expected guidance. "The yuan is expected to face depreciation pressure, not only from tariff hikes but also from a significantly stronger dollar," said Wang Tao, chief China …

Copper eases but heads for second straight yearly rise
1 week, 2 days ago

Copper eases but heads for second straight yearly rise

Live Mint  

By Ashitha Shivaprasad Dec 31 - Copper prices eased on Tuesday but were on track for a second consecutive yearly gain, while the red metal's outlook for next year hinges on China's economic recovery and Donald Trump's policies. Three-month copper on the London Metal Exchange fell 0.4% at $8,872.50 per metric ton by 1010 GMT but gained 3.7% for the …

Base metals mixed, copper supported by tight supply
1 week, 6 days ago

Base metals mixed, copper supported by tight supply

Live Mint  

By Violet Li and Mei Mei Chu SHANGHAI, Dec 27 - Base metal prices were mixed on Friday, moving within tight ranges with the strong dollar limiting gains, although copper found support from supply tightness in copper concentrate. The three-month copper on the London Metal Exchange rose 0.4% to $8,990 per metric ton by 0140 GMT. China's top copper smelters …

Copper prices edge up in thinning trade after last week’s tumble
2 weeks, 3 days ago

Copper prices edge up in thinning trade after last week’s tumble

Live Mint  

By Polina Devitt LONDON, Dec 23 - Copper prices edged higher in London on Monday as they recovered to recent technical averages from last week's fall, although dwindling pre-Christmas liquidity kept them in a tight range. Adding further pressure, the International Copper Study Group said on Friday that the global refined copper market was in a 287,000 metric ton surplus …

Copper little changed but on track for weekly loss
3 weeks, 6 days ago

Copper little changed but on track for weekly loss

Live Mint  

NEW DELHI, Dec 13 - London copper prices were little changed on Friday and headed for weekly losses on the back of a stronger U.S. dollar and a lack of clarity around China's stimulus measures. "We highlight that the market is poised for a period of significant price volatility, with anticipated U.S. dollar strength and shifts in trade policies following …

Copper dips on firmer dollar, demand outlook worry on Trump’s tariff threat
1 month, 1 week ago

Copper dips on firmer dollar, demand outlook worry on Trump’s tariff threat

Live Mint  

Nov 28 - Copper prices eased on Thursday, weighed down by a firmer dollar and concerns over the potential U.S. tariffs on Chinese products that could hurt metals consumption. Three-month copper on the London Metal Exchange eased 0.2% to $9,000 per metric ton by 0408 GMT, while the most-traded January copper contract on the Shanghai Futures Exchange dipped 0.2% to …

Base metals largely fall on firm dollar, Trump’s tariffs plan
1 month, 2 weeks ago

Base metals largely fall on firm dollar, Trump’s tariffs plan

Live Mint  

Nov 26 - Prices of base metals were largely down on Tuesday, weighed by a stronger dollar and U.S. President-elect Donald Trump's pledge to levy more tariffs on Chinese products. Three-month copper on the London Metal Exchange fell 0.5% to $9,000 per metric ton by 0216 GMT, while the most-traded January copper contract on the Shanghai Futures Exchange eased 0.2% …

China's yuan weakens to 3-1/2-month low as Trump tariff threat weighs
1 month, 4 weeks ago

China's yuan weakens to 3-1/2-month low as Trump tariff threat weighs

Hindustan Times  

SHANGHAI, - China's yuan skidded to a 3-1/2-month low against the dollar on Tuesday, hurt by broad strength in the U.S. currency and persistent market worries over higher tariffs on Chinese goods during Donald Trump's second presidency. During Trump's first presidency, the yuan weakened about 5% against the dollar in the initial round of U.S. tariffs on Chinese goods in …

Dollar winds down after volatile week, China NPC in focus
2 months ago

Dollar winds down after volatile week, China NPC in focus

Live Mint  

By Rae Wee SINGORE, - The dollar took a breather on Friday, on track to cap off a wild week with a slight gain as markets weighed the impact of Donald Trump's impending return to the White House and what that would mean for the U.S. economy and its rate outlook. meeting doesn't change the view that the Fed is …

Copper Extends Slide on Soft Chinese Demand and Stronger Dollar
6 months, 1 week ago

Copper Extends Slide on Soft Chinese Demand and Stronger Dollar

Live Mint  

-- Copper extended losses with the dollar strengthening and prices facing sustained pressure from weak Chinese demand. Soft market conditions in top consumer China have handed copper’s more bullish investors a reality check, and prices have continued to decline even amid tentative signs of a demand recovery. “The sharp rise of the copper price in May undermined downstream demand, leading …

Copper breaks above $10,000 for the first time in two years
8 months, 2 weeks ago

Copper breaks above $10,000 for the first time in two years

Hindustan Times  

* Copper breaks above $10,000 for the first time in two years London copper prices break strong resistance at $10,000 * Shanghai copper hits record high * London zinc at one-year high, lead at highest in five months By Polina Devitt LONDON, - Copper prices in London hit a two-year high and surpassed a strong resistance level of $10,000 a …

As prices shoot up, Shanghai Futures Exchange slaps limits on both gold and copper as contracts hit new highs
8 months, 4 weeks ago

As prices shoot up, Shanghai Futures Exchange slaps limits on both gold and copper as contracts hit new highs

Hindustan Times  

Like most stock markets in recent days, gold and some other metals like copper have been seeing noticeable jumps in trading and rates. Very much in this spirit, the Shanghai Futures Exchange today, has revealed that it will slap trading limits on its gold and copper contracts. Shanghai Futures Exchange has imposed trading limits on gold and copper. The exchange …

Copper Jumps to Record High Today; 'New Oil', Says Analyst
3 years, 8 months ago

Copper Jumps to Record High Today; 'New Oil', Says Analyst

News 18  

Copper rose to an all-time high on Friday as the biggest economies showing signs of recovery from COVID-19 pandemic. On the Multi Commodity Exchange, copper contracts for delivery in May traded higher by 1.8% at Rs 784.50 per kg at 5 pm. Bank of America commodity strategist Michael Widmer said, “Linked to that, we forecast copper market deficits, and further …

Rupee falls 19 paise to 75.90 in early trade; Asian currencies turn weak due to escalation of US-China tensions
4 years, 7 months ago

Rupee falls 19 paise to 75.90 in early trade; Asian currencies turn weak due to escalation of US-China tensions

Firstpost  

The rupee depreciated 19 paise to 75.90 against the US dollar in opening trade on Thursday tracking weak Asian currencies amid an escalation of tension between the US and China Mumbai: The rupee depreciated 19 paise to 75.90 against the US dollar in opening trade on Thursday tracking weak Asian currencies amid an escalation of tension between the US and …

Gold futures retreat on stronger US dollar
5 years, 4 months ago

Gold futures retreat on stronger US dollar

The Quint  

Chicago, Aug 31 Gold futures on the COMEX division of the New York Mercantile Exchange fell for the third straight day as the US dollar kept its bullish momentum. The most active gold contract for December delivery was down 7.50 US dollars, or 0.49 percent, to close at 1,529.40 dollars per ounce, Xinhua news agency reporters. The US dollar index, …

Copper edges up on China data, lower stockpiles
5 years, 8 months ago

Copper edges up on China data, lower stockpiles

Live Mint  

Singapore: Copper prices advanced on Monday, after data from China showed higher unwrought copper imports in March, while declining inventories, concerns over a supply deficit and hopes of a resolution to the US-China trade row also lent support. China imported 391,000 tonnes of unwrought copper last month, up 25.7% from the previous month and 26.5% higher than a year earlier, …

Copper muted on US-Europe trade tension, IMF forecast cut
5 years, 8 months ago

Copper muted on US-Europe trade tension, IMF forecast cut

Live Mint  

Singapore: London copper was almost unchanged on Wednesday, as prices were capped as the International Monetary Fund cut its global growth forecast and the trade tension between the United States and Europe seem to be growing. The IMF cut its forecast for world economic growth this year to 3.3% from 3.5% previously, citing the US-China trade war and a potentially …

Copper near 8-month high on deferred US tariff hikes
5 years, 10 months ago

Copper near 8-month high on deferred US tariff hikes

Live Mint  

London: Copper prices jumped to their highest in nearly eight months on Monday, after US President Donald Trump said he would delay an increase in tariffs on Chinese goods and as inventories of the metal slid. Benchmark copper on the London Metal Exchange added 0.5% to $6,504 per tonne by 1205 GMT, its highest since 4 July. "For copper, it's …

Gold prices at two-week high as dollar weakens on Sino-US trade deal hopes; palladium peaks
5 years, 10 months ago

Gold prices at two-week high as dollar weakens on Sino-US trade deal hopes; palladium peaks

Firstpost  

Gold prices rose to their strongest level in more than two weeks on Monday as the dollar weakened on hopes the United States and China are nearing a trade deal, while palladium hit a record high. Spot gold had gained 0.3 percent to $1,324.80 per ounce, just below a 9-month peak of $1,326.30 an ounce marked on 31 January. Spot …

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