LONDON HSBC Holdings Plc has decided to close its industrial metals business, it told Reuters on Friday, as Europe's largest bank pushes ahead with plans to cut around 35,000 jobs.
LONDON, June 30 Copper prices headed for their
biggest quarterly rise in ten years on Tuesday, as resurgent
Chinese demand, supply disruption and global stimulus fed a
bounce from March's four-year lows.
LONDON Demand for gold will weaken this year as a surge in purchases by investors will not offset a dramatic fall in consumption by jewellers, industry and central banks, an industry report said on Wednesday.
LONDON, June 19 Copper prices were heading for a
fifth consecutive weekly gain on Friday as inventories declined
and stock markets rose while demand improved in top consumer
LONDON Switzerland exported 126.6 tonnes of gold worth around $7 billion to the United States in May - the biggest monthly shipment on record - as high prices in New York continued to pull in metal, customs data showed on Thursday.
LONDON The London Bullion Market Association (LBMA) said on Friday it would investigate allegations in an Australian newspaper that the Perth Mint processed gold from small-scale gold miners in Papua New Guinea who used child labour and toxic mercury.
ZURICH/LONDON, June 11 Metalor, one of the
world's biggest gold refiners, is to start processing a small
amount of traceable and responsibly sourced gold from
small-scale miners in Peru as part of a scheme to improve their
LONDON A rise in the cost of holding U.S. gold futures since the start of the coronavirus outbreak is pushing investors wanting exposure to the metal towards gold-backed exchange traded funds (ETFs), industry data shows.
LONDON, June 11 A rise in the cost of holding
U.S. gold futures since the start of the coronavirus outbreak is
pushing investors wanting exposure to the metal towards
gold-backed exchange traded funds (ETFs), industry data shows.
LONDON, June 5 Copper prices surged on Friday to
the highest in 13 weeks as an unexpected increase in U.S.
employment in May fuelled hopes of a revival of global economic