Copper prices climb on weak U.S. inflation

Copper prices climb on weak U.S. inflation

LONDON — Copper firmed on Wednesday as the dollar dipped on lower-than-expected U.S. inflation figures that softened expectations for stimulus to be tapered soon, while aluminum was powered by further cuts to production in China. Three-month copper on the London Metal Exchange (LME) rose for the first time this week, climbing 1.7% to $9,601 per…

Oil prices slip, rebound runs out of steam on demand worries

Oil prices slip, rebound runs out of steam on demand worries

SINGAPORE — Crude oil prices reversed course after an early bounce on Tuesday, as concerns over coronavirus curbs combined with slowing factory activity in key markets weighed on sentiment. Brent crude oil futures shed 5 cents, or 0.1%, to $72.84 a barrel, as of 0309 GMT. U.S. West Texas Intermediate (WTI) crude was down 8…

China’s new home prices grow slightly in May

China’s new home prices grow slightly in May

China’s new home prices grow slightly in May

Fuel prices hiked again across metros, petrol crosses Rs 93 in Delhi

Fuel prices hiked again across metros, petrol crosses Rs 93 in Delhi

After a gap of two days, petrol and diesel prices again witnessed a minor hike across the metros on Friday

Gold prices ease off 2-month peak on firm dollar, Powell’s comments

Gold prices ease off 2-month peak on firm dollar, Powell’s comments

Gold prices edged lower on Tuesday, after hitting a more than two-month high in the previous session, as a stronger dollar and optimistic comments from U.S. Federal Reserve Chairman Jerome Powell on the economy weighed on the metal’s safe-haven appeal. FUNDAMENTALS * Spot gold was down 0.2% at $1,789.02 per ounce by 0131 GMT. The…