Metals complex corrects as dollar strengthens to 97.14 vs 96.45 on Friday
Metals complex corrects as dollar strengthens to 97.14 vs 96.45 on Friday
The week closed with the UK equities edging higher. In London, the FTSE 100 rose 0.5% to finish at 10,224 points, while the FTSE 250 was little changed at 23,253.
UK & European equities edged higher at the close. In London, the FTSE 100 rose 0.5% to finish at 10,224 points, while the FTSE 250 was little changed at 23,253.
Great Western Mining Corporation PLC (AIM: GWMO) has raised £3.25 million through an oversubscribed placing priced at 1.4 pence per share, with investors also receiving one warrant for each placing share.
Gold corrects after hitting $5,635/oz alongside wider metals spectrum as Kevin Warsh takes poll-position for Fed chair
Gold, silver, copper and bitcoin prices slid sharply on Friday, extending the pullback from recent record highs as traders locked in profits after an explosive rally across metals markets.
Copper surged at its fastest pace in 16 years on Thursday, posting its biggest jump since 2009 as aggressive buying from China sent prices sharply higher.
The FTSE 100 touched a fresh record high on Thursday, briefly reaching a 52-week high of 10,277.72 points.
Gold jumps over $5,500/oz as Powell cautions on US deficit
Gold extended its record-breaking rally on Thursday, surging past $5,500 an ounce as investors piled into safe-haven assets amid mounting geopolitical and economic strains.
Tether reports >140 tons of gold as stablecoin issuer buys 1 ton a week
Gold prices continue to rise as ETF, central banks and other investors continue to support momentum Tin climbs to $56,575 overnight – next stop $60,000/t