Headlines

[MARKET UPDATE] Metal prices are mildly pressured with spot gold down and silver down 0.7%-0.8%, while CME copper futures are lower by 1.0% amid the mostly subdued risk appetite and with demand also not helped by the delay in LME trading due to issues

Newsquawk Staff ·

Metal prices are mildly pressured with spot gold down and silver down 0.7%-0.8%, while CME copper futures are lower by 1.0% amid the mostly subdued risk appetite and with demand also not helped by the delay in LME trading due to issues.

What it means

Metal prices are facing downward pressure, particularly with gold and silver declining by about 0.7% to 0.8% and CME copper futures down by 1.0%. This reflects a subdued risk appetite and deteriorating demand, exacerbated by delays in LME trading, which could signal broader concerns in the commodities market.

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