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Archive

Markets - Commodities

Friday, December 16, 2016

Gold near Feb lows, heading for sixth weekly drop
Commodities

Gold near Feb lows, heading for sixth weekly drop

LONDON: Gold steadied on Friday but held near a 10-1/2 month low due to the higher dollar after the US Federal Reserve this week signalled rates could be raised three times next year -- one more than forecast at its September meeting.
Published 16 Dec, 2016 03:19pm
EU wheat mostly in good condition going into the winter
Commodities

EU wheat mostly in good condition going into the winter

HAMBURG: The wheat crop in the main European Union producers is generally in good condition going into the winter, experts said on Friday, raising optimism for an ample 2017 harvest for export and domestic consumers, experts said on Friday.
Published 16 Dec, 2016 01:47pm
Copper retreats on rising stocks, signs of soft demand
Commodities

Copper retreats on rising stocks, signs of soft demand

LONDON: Copper prices fell on Friday, ending two days of gains, as rising stocks in London Metal Exchange warehouses and signs of softer demand from major consumer China pulled the metal further from last month's 17-month peak.
Published 16 Dec, 2016 01:31pm