Gold prices were steady on Tuesday as a retreat in U.S. Treasury yields countered a slight rebound in the dollar, while investors awaited key data on inflation due later this week. FUNDAMENTALSSpot gold was steady at $1,836.26 per ounce by 0134 GMT, after hitting its highest since Feb. 11 at $1,842.91 on Friday. U.S. gold
The recent rally in copper price has been driven by potential supply deficit in coming years. Stimulus measures rolled by major economies, such as the US, the UK and China, have put strong focus on green energy. Developments of which are expected to significantly raise demand for copper. Meanwhile, issues in major copper producers, especially
Virgin Galactic’s carrier aircraft releases its spacecraft Unity during a glide flight test. Virgin Galactic Virgin Galactic delivered first quarter results after the market closed on Monday, announcing that it has yet to set a target date for its next spaceflight test, which the company previously planned for this month. “Timing of next flight test
NZD/USD extends bounce off intraday low, stays pressure for the second consecutive day. China CPI lagged behind upbeat expectations but PPI jumped to the highest since October 2017. Market sentiment dwindles amid reflation fears, stimulus hopes and a light macro feed. NZD/USD trims intraday losses to 0.21% while picking up bids around 0.7265 during early
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