Comex-Gold-Silver-Updates
London Copper hit the highest in more than two months on Tuesday, as a weaker dollar fuelled chart-based buying, before giving back most of its gains after a weak reading on factory health in top consumer China.
Comex Gold Tips retained its gains from a four-day rally on Tuesday and looked likely to rise further as the dollar took a beating on expectations that a hike in U.S. interest rates could be pushed out to September. Spot gold was firm at $1,189.31 an ounce by 2320 GMT. The metal had climbed to $1,191.50 on Monday, the highest since March 6, as it rose for a fourth straight day.
Globally, copper for delivery in three months traded higher at USD
6,141.50 a tonne on the London Metal Exchange, the highest since January 9 while in Shanghai, May delivery advanced 3.9 per cent to 43,670 yuan (USD 7,051 per tonne.
Globally, copper for delivery in three months traded higher at USD
6,141.50 a tonne on the London Metal Exchange, the highest since January 9 while in Shanghai, May delivery advanced 3.9 per cent to 43,670 yuan (USD 7,051 per tonne.
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