gold

Commodities: gold holds, coffee and copper in shape

Commodities: gold holds, coffee and copper in shape

“Base metal prices benefited from easing economic fears after US inflation came in weaker than expected in July,” Commerzbank analysts said. Industrial metal prices recovered this week on the London Metal Exchange (LME), driven by a more optimistic global economic outlook combined with disruptions in major producing countries. “Base metal prices benefited from the easing …

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Raw materials: gold, copper and shaped coffee

Raw materials: gold, copper and shaped coffee

Since its lowest since November 2020, hit in mid-July, a tonne of copper has rebounded over $950. Copper prices continued to rebound this week, strongly supported by Chinese announcements of measures to support the real estate sector, in great difficulty. According to Financial Times, Beijing could lend up to 148 billion dollars “to revive real …

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