Gold slips to 2-week low as rising bond yields support dollar
BENGALURU, April 22 (Reuters) – Gold prices slipped to their lowest level in nearly two weeks on Monday as the dollar remained supported on the back of rising U.S. Treasury yields. FUNDAMENTALS * Spot gold was down 0.1 percent at $1,333.20 per ounce at 0051 GMT, after earlier touching its lowest since April 10 at […]
London aluminium rises sharply as Rusal rally returns
BEIJING, April 23 (Reuters) – London aluminium prices rose by as much as 1.6 percent on Monday as a rally driven by supply concerns after the United States slapped sanctions on Russian producer United Company Rusal regained momentum. The metal had closed down in the previous two sessions but is still up by around 25 […]
Trump: Künstlich hohe Ölpreise durch Opec-Strategie sind inakzeptabel
WASHINGTON (dpa-AFX) – US-Präsident Donald Trump hat mit Verweis auf Produktionskürzungen wichtiger Förderländer die Höhe der Ölpreise auf dem Weltmarkt kritisiert. „Scheinbar ist die Opec wieder am Werk“, schrieb Trump am Freitag auf Twitter. „Angesichts der Öl-Rekordbestände überall, einschließlich der voll beladenen Schiffe auf dem Meer, sind die Ölpreise künstlich sehr hoch!“ Dies sei nicht […]
Aluminium holds near seven-year highs amid Rusal sanctions fallout
LONDON, April 20 (Reuters) – Aluminium prices steadied near seven-year highs on Friday, set for a 9 percent gain on the week after several days of volatile trading as the market digested the impact of U.S. sanctions on Russia’s Rusal, the world’s second-biggest producer. Nickel, meanwhile, fell as fears diminished that sanctions could be broadened […]
London aluminium, nickel slide as sanctions rally fades
BEIJING, April 20 (Reuters) – London aluminium and nickel prices fell for a second day on Friday as a rally driven by fears of supply disruptions caused by U.S. sanctions on Russia’s United Company Rusal, the world’s second-biggest aluminium producer, lost momentum. Prices have started to retreat amid no signs of further sanctions yet, brokerage […]
Some Chinese zinc smelters bring forward planned maintenance
(basemetals) Cash-strapped zinc smelters in China have brought forward and extended their planned maintenance to avoid further squeezes to margins as a result of softer treatment charges (TC), tight concentrate supply and low zinc prices, multiple sources told Metal Bulletin. “We have been hearing some southern China smelters calling for earlier maintenance due to a […]
SHFE base metals reverse Thursday’s gains
(MB) Base metals prices on the Shanghai Futures Exchange were broadly down during Asian morning trading on Friday April 20, the exception being tin, which was marginally up on supply concerns due to export issues in Indonesia. Aluminium and nickel have undergone a particularly steep pullback this morning following strong gains throughout the past week, […]
Devisen: Eurokurs wenig bewegt
FRANKFURT (dpa-AFX) – Der Euro hat sich am Freitag kaum bewegt. Am Morgen wurde die Gemeinschaftswährung bei 1,2341 US-Dollar gehandelt und damit etwa zum gleichen Kurs wie am Vorabend. Die Europäische Zentralbank (EZB) hatte den Referenzkurs zuletzt am Donnerstagnachmittag etwas höher auf 1,2382 Dollar festgesetzt. Damit hat der Eurokurs kurz vor dem Wochenende seine Seitwärtsbewegung […]
IWF warnt vor Risiken für die Weltwirtschaft
Washington (dpa) – Der Internationale Währungsfonds (IWF) hält seine Warnungen vor nahenden Gefahren für die Weltwirtschaft aufrecht. Für den Moment möge der Ausblick strahlend sein, sagte IWF-Direktorin Christine Lagarde in Washington. «Wir sehen aber mehr Wolken am Horizont als im Oktober.» Der globale Schuldenstand sei auf einem Allzeithoch, das mache auch die Finanzmärkte verletzlich, sagte […]
Gold prices inch down as global political tensions ease
BENGALURU, April 20 (Reuters) – Gold prices edged down early on Friday as global political tensions eased, but expectations for rising inflation supported demand for the safe-have asset. FUNDAMENTALS * Spot gold was down 0.1 percent at $1,344.20 an ounce at 0044 GMT, while U.S. gold futures fell 0.2 percent to $1,346.60 per ounce. Spot […]
