posted by
hinata
1556 days ago
in Metals
Copper rose from a two-week low in London on speculation that China, the world’s largest consumer of the metal, is accelerating purchases. Aluminum dropped to a six- year low.
posted by
jerome
1556 days ago
in Agriculture, GDP
Soybeans declined to the lowest in almost two months and corn dropped, after plunging the most in three weeks yesterday, as a worsening global recession curtails demand for crops used in food and livestock feed.
posted by
jasumine
1556 days ago
in Gold
The global economic meltdown has propelled a surge in demand for gold jewellery, bars and coins that the demand for the yellow metal has risen to touch 3,659 tons, says a new report from the World Gold Council (WGC).
posted by
sora
1557 days ago
in Agriculture
Soybeans declined for a fifth day on speculation that U.S. farmers may plant more area to the oilseed at the expense of corn crops. Wheat dropped.
posted by
fahrell
1557 days ago
in Metals
Copper prices tumbled the most in three weeks on signs that slumping global growth is slashing demand for the metal used in pipes and wires.
posted by
erzon
1557 days ago
in Gold
Gold futures breached $970 an ounce Tuesday, rising to the highest level in seven months as investors seeking a safe haven against economic troubles bought into the metal.
posted by
sassygirl
1557 days ago
in Gold
Gold rose to its highest in almost seven months in London as investors bought the precious metal to preserve their wealth on speculation the global economy will deteriorate. Silver climbed to a more than five-month high.
posted by
annie
1558 days ago
in USD, Oil
Oil prices rose slightly on Monday with New York crude remaining below 38 dollars a barrel as the market reacted to forecasts of weak energy demand made at the end of last week.
posted by
Binsonu
1558 days ago
in Oil
U.S. oil prices climbed towards $38 a barrel on Monday after the International Energy Agency (IEA) said there could be an oil market supply crunch from next year once global oil demand begins to recover.
posted by
vhinz316
1558 days ago
in Metals
Copper fell to a one-week low in London on speculation a recovery in demand for industrial metals will be delayed beyond the second half. Nickel, aluminum and zinc also dropped.
posted by
chezka
1558 days ago
in Gold
Gold, little changed today in London, may advance as investors buy the metal to diversify portfolios and preserve their wealth as the global economy sags.
posted by
jerome
1558 days ago
in Oil
OIL prices rose today but New York crude stayed below $38 a barrel as the market reacted to forecasts of weak energy demand made at the end of last week.