Commodities Sustain Bounce-back, Dollar Swaying Bulls

Posted by on October 10, 2016 in Gold, Precious Metals, Prices / Spot Prices

Commodities Sustain Bounce-back, Dollar Swaying Bulls

gold-barsFrom The Bullion Desk: Oct 10, 2016

The copper and gold price posted a minor uptick Monday in the US, although upside remain capped by a multi-month high dollar.  Copper for December settlement on the Comex division of the New York Mercantile Exchange jumped 3.20 cents or 1.5% to $2.1955 per pound. Trade has ranged from $2.1645 to $2.2025.  Comex gold for December delivery rose $9.00 or 0.7% to $1,260.90 per oz. The contract is still hovering around a four-month low.  Read the full story here…

Facebooktwitterpinterestmail