All international commodities extended their downward rally to end sharply lower once again in the previous fortnight. Growing debt concerns in the Euro zone, led by Greece, tumbling Asian currencies, strength in the dollar index and slowing Chinese economic growth are mainly responsible for such a massive sell-off witnessed in…
Round up Precious metals fell today, hit by a sell-off in financial markets and a drop in the euro against the dollar, with persistent doubts about Europe’s ability to tackle its growing debt crisis prompting investors to remain cautious. Industrial metals slipped today as investors stayed cautious after Italy’s five-year…
Round up Precious metals traded steady today, as changes in the political leadership in Italy and Greece rekindled hopes for a resolution to the euro zone’s debt crisis, fuelling risk appetite in markets. Industrial metals rose today after Greece and Italy appointed new leaders and seem on track to roll…
Round up Precious metals posted modest gains today, following encouraging signs that Italy was making an effort to ease its political turmoil and avert an economic disaster, while investors remain nervous about the unfolding euro zone debt crisis. Industrial metals edged higher today, with investors encouraged by signs of easing…
Round up Precious metals firmed today, helped by safehaven demand as the euro zone troubles deepened and business surveys showed the severe impact the crisis had on manufacturing in the region. Industrial metals rose today after two days of losses, with investors cautious ahead of the U.S. Federal Reserve meeting…
Round up Precious metals jumped to a three-week high today, boosted by fresh investor interest and a softer dollar against the euro after a G20 summit reinforced hopes that European leaders would soon resolve the region’s debt crisis. Industrial metals rose for a second straight day in London as a…
Round up Precious metals rose more than 1 percent today as the dollar fell versus the euro after France and Germany pledged to strike a proposal to recapitalize euro zone banks, while traders remained cautious ahead of further details of the plan. Industrial metals steadied today as the dollar fell…
Round up Precious metals prices rose in Europe today as fears that Greece could be heading for a default, potentially sparking a banking crisis in Europe, hurt stock markets and prompted investors to seek out assets seen as lower risk. Industrial metals fell for a fifth day today, as lingering…
Round up Precious metals rose more than 3 percent today as a drop in the dollar index helped the precious metal snap a four-day run of losses and after an early rout in the previous session tempted pricesensitive physical buyers back to the market. Industrial metals rebounded today from a…
Round up Precious metals fell today, after the Federal Reserve’s widely-anticipated move to boost U.S. growth lifted the dollar but pummeled global equities and hit the entire commodities complex. Industrial metals today to hit one-year lows as economic fears escalated after news of manufacturing contraction in top consumer China combined…
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