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Archive

Markets - Commodities

Friday, December 23, 2016

Gold edges higher but eyes 7th weekly loss
Commodities

Gold edges higher but eyes 7th weekly loss

LONDON: Gold edged higher on Friday in thin pre-Christmas trade as the dollar retreated from this week's 14-year high, tempting some buyers to take advantage of a near 10-month low in prices after six straight weeks of decline.
Published 23 Dec, 2016 02:02pm
Copper dips as doubts about Chinese demand surface
Commodities

Copper dips as doubts about Chinese demand surface

LONDON: Copper prices slipped on Friday as investors took profits on long positions ahead of the Christmas break as growing doubts about demand growth in top consumer China reinforced the idea that recent gains were overdone.
Published 23 Dec, 2016 02:00pm