Copper sinks as demand concerns resurface

Copper sinks as demand concerns resurface

Copper prices fell to their lowest price in more than a week overnight as worries resurfaced about shrinking demand from China and elsewhere because of the coronavirus and as some producers eased lockdown restrictions. Benchmark copper on the London Metal Exchange...
Copper sinks as demand concerns resurface

Gold gains amid US, China tensions

Gold rose overnight as brewing tensions between the United Sates and China over the novel coronavirus outbreak kindled fears of a new trade war and had investors seeking safe havens. Spot gold gained 0.4 per cent to $US1,705.62 an ounce. US gold futures settled 0.7...
Copper sinks as demand concerns resurface

Oil up 3% as production falls

Oil was up 3 per cent overnight as more countries announced they would begin easing coronavirus lockdowns and as crude supply cuts by the world’s top producing nations and companies take hold. Worldwide fuel demand fell by an estimated 30 per cent in April...
Copper sinks as demand concerns resurface

Subdued start likely for ASX trading

Investors in the Australian share market may not have a lot to crow about on Tuesday with early indicators of a flat start to trade. The benchmark SPI 200 futures contract was up 17 points, or 0.32 per cent, to 5,335.0 points at 0700 AEST on Tuesday, indicating a...