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Archive

Markets - Commodities

Friday, August 28, 2020

Gold jumps almost 2pc on dollar retreat, dovish Fed stance
Commodities

Gold jumps almost 2pc on dollar retreat, dovish Fed stance

  • Spot gold was up 1.7% at $1,961.11 per ounce by 1149 GMT, taking gains this week to more than 1%. US gold futures rose 1.9% to $1,969.40.
  • An environment where interest rates are low and inflation is gradually picking up works perfectly for assets like gold.
Published 28 Aug, 2020 06:24pm
Copper turns positive
Commodities

Copper turns positive

LONDON: Copper gained on Thursday, reversing earlier losses after the US Federal Reserve said it would promote ...
Published 28 Aug, 2020 02:02am
Gold dives 2pc in Europe
Commodities

Gold dives 2pc in Europe

LODNON: Gold slumped over 2% in volatile trading on Thursday as the US dollar and Treasury yields rose after Federal...
Published 28 Aug, 2020 02:02am
Raw sugar prices ease
Commodities

Raw sugar prices ease

LONDON: Raw sugar futures on ICE were marginally lower on Thursday, extending their recent decline, with strong...
Published 28 Aug, 2020 02:02am
CBOT corn futures fall
Commodities

CBOT corn futures fall

CHICAGO: US corn futures dipped slightly on Wednesday, snapping a streak of three straight days of higher closes on...
Published 28 Aug, 2020 02:02am
PMEX daily trading report
Commodities

PMEX daily trading report

KARACHI: On Wednesday, PMEX traded value of metals, energy, COTS/FX and indices was recorded at PKR 9.055 billion ...
Updated 28 Aug, 2020 03:50am