Stock Market News
Commodities: Precious metals glitter amid retreat in risk appetite
Commodities found a bid on Tuesday, amid dollar weakness following an in-line print on consumer prices Stateside earlier in the session and a generally 'risk-off' tone in markets after the White House announced that the Secretary of State had been asked to step down.
Against that backdrop, as of 2031 GMT the US dollar spot index was dipping by 0.16% to 89.747, helping to lift the Bloomberg commodity index up 0.24% to 87.88.
Unsurprisingly, gold was wanted, with the April 2018 contract for the yellow metal on COMEX adding 0.42% to trade at $1,326.30/oz., with May 2018 silver up 0.35% to $3.1350 a pound.
Among soft commodities, May 2018 corn on CBoT also found some buying interest, rising 0.26% to $3.9175 a bushel.
Ahead of a slate of Chinese economic data due out the next day, three-month LME copper finished the session at $6,945 per metric tonne, versus a Monday close of $6,929.
Against that backdrop, as of 2031 GMT the US dollar spot index was dipping by 0.16% to 89.747, helping to lift the Bloomberg commodity index up 0.24% to 87.88.
Unsurprisingly, gold was wanted, with the April 2018 contract for the yellow metal on COMEX adding 0.42% to trade at $1,326.30/oz., with May 2018 silver up 0.35% to $3.1350 a pound.
Among soft commodities, May 2018 corn on CBoT also found some buying interest, rising 0.26% to $3.9175 a bushel.
Ahead of a slate of Chinese economic data due out the next day, three-month LME copper finished the session at $6,945 per metric tonne, versus a Monday close of $6,929.
Related share prices |
---|
Stock News headlines are gathered from financial news sources around the web. Views and opinions on each item are from their respective authors and website. They are not opinions of LiveCharts.co.uk
Get a free widget for your website with our latest headlines.
You can now add our live prices and new headlines to your website.The news widget features quotes for Oil prices, spot Gold price and Indices plus a choice of news channel for healines.
Top Shares pages
- Share price quotes
- Share charts
- Share watch list
- Company Results Calendar
- Top Large UK Shares
- UK Market Sectors
- Stock market news
- Company news
- Share tips
- A-Z company search
More share features
POPULAR Share Prices
- Royal Mail share price
- Lloyds share price
- HSBC share price
- Barclays share price
- Prudential share price
- Santander share price
- NEXT share price
- Diageo share price
- BP share price
- Vodafone share price
- British Airways
- Centrica share price
- Tesco share price
- Taylor Wimpey Share Price
- National Grid
- GKP Share Price
- Marks and Spencer
- Rolls Royce
- Rio Tinto
- THG Share Price
- Aviva Share Price
- Boil Share price
- Easyjet Share Price
- Genedrive Share Price
- SSE Share Price
- IAG Share Price
- Boohoo share price
- HE1 share price
- AVCT share price
- BOOM share price