Metals Decline
World Economy

Metals Decline

Copper slid for a seventh straight session on Monday to its lowest in a month as concerns remained over demand in top consumer China, Reuters reported. Three-month copper on the London Metal Exchange had fallen 0.7% to $4,801.50 a ton, after losing 0.2% in the previous session. Gold nursed losses. Spot gold eased 0.1% to $1,220.60 an ounce, after dropping 0.8% on Friday. Zinc, lead and tin also declined, though aluminum held gains from the previous session when it hit a three-week high after data showed China’s factory sector grew for the first time in nine months.

Short URL : http://goo.gl/QkKBxf
  1. http://goo.gl/rFjUDP
  • http://goo.gl/zpDURK
  • http://goo.gl/kuXoYI
  • http://goo.gl/4TeMtd
  • http://goo.gl/M7OhJc

You can also read ...

Nigeria Inflation Dips Further
For the eight consecutive months, Nigeria’s inflation rate...
Angola Rating Downgraded
Moody’s Investors Service has Sunday downgraded the long-term...
Modi Assures Economy Strong, in Right Direction
Indian Prime Minister Narendra Modi on Sunday asserted that...
Currently, the total amount of the eurozone’s NPLs is estimated at $1 trillion. However, undercapitalized Italian banks are objecting  to such ECB recommendations.
The European Central Bank is poised to start wrapping up its...
Capital outflows through the banking system have accounted for as much as $27 billion since the crisis.
Unsurprisingly, Qatar has been on the investor radar...
Tanzania Current A/C Deficit Shrinks
Tanzania’s central bank revealed that its current account...
US Household Debt at $12.84t
There’s a scary little statistic buried beneath the US economy...
Every 1% increase in GDP is expected to equal roughly 1.8 million new jobs.
China’s unemployment rate has hit its lowest point in multiple...