Copper drops on renewed US-China tensions

Copper prices are lower on worries that renewed US-Chinese tensions will further damage a global economy already hit by the COVID-19 pandemic. Stock markets and oil also fell as investors feared the prospect of more protests in Hong Kong over tough new security laws...

Gold firms as US-China spat helps demand

Gold prices will start the week higher after intensifying US-China tensions compounded fears of a slow recovery in a global economy already reeling from the coronavirus pandemic. Spot gold rose 0.6 per cent to $US1,735.08 per ounce by 1743 GMT Friday, after falling...

Wall St dips on US-China tensions

US stock indexes have moved in a flat-to-low range as simmering Sino-US tensions weighed on markets struggling to gauge the pace of economic recovery from the coronavirus. US President Donald Trump’s rhetoric against China’s plan for a national security...

ASX set for flat start on US-China tension

A flat start is likely for the Australian share market after Wall Street closed slightly lower due to tensions between the US and China. The SPI 200 futures contract was lower by 7 points, or 0.13 per cent, to 5,537.0 at 0700 AEST on Friday, indicating little...

US-China tensions help gold to 7-year high

Gold prices have jumped to levels last seen in 2012, as renewed US-China trade tensions added to concerns about a deep economic slump due to the coronavirus pandemic. Spot gold rose 0.7 per cent to $US1,741.65 per ounce by 1847 GMT. During the session it hit its...