Wheat for July delivery fell 15 cents to $6.95 a bushel. Corn edged down 6 cents to $4.98 a bushel. May silver rose 15 cents to $19.63 an ounce, May copper rose 4 cents to $3.03 a pound and June palladium rose $6.40 to $802.30 an ounce.» Read More
The bellwether Thomson Reuters/ Core Commodity CRB index touched its highest level since September 2013 as 12 of its 19 components rose. Silver hit its highest since November and ended the day up 4.3 percent at $21.32 an ounce.
Andrew Dale, division director of global natural resources at Macquarie Securities, says Glencore will be a beneficiary of improving copper production costs ahead.
*In lead market, China extends electric car subsidies. *China commodities imports likely to have fallen in January. LONDON, Feb 10- Copper dipped on Monday, following a weekly rise that was the biggest so far this year last week, as worries about demand in top consumer China and expectations of tighter U.S. monetary policy offset tightness in supply.
SYDNEY, Feb 10- Copper prices inched up on Monday, after a below par jobs report in the United States suggested the Federal Reserve may slow the pace it pulls back on a commodities-friendly stimulus. But early Asian trade lacked a strong lead from China, where activity remained sluggish on the first week of trade post the Lunar New year holidays.
Who is still buying gold? Miguel Perez-Santalla of BullionVault vice president, explains why he likes gold here. George Gero of RBC Capital Markets, is also a believer in gold, and really likes copper.
*Copper on track to post biggest weekly gain this year. *China markets reopen from week-long holiday. LONDON, Feb 7- Copper rose on Friday, on track to post its largest weekly rise for the year, boosted by hopes of a pickup in demand after the Chinese New Year and by limited short-term availability of the metal in the physical market.
*Copper on track to post biggest weekly gain this year. *China markets reopen from week-long holiday. LONDON, Feb 7- Copper rose on Friday, on track to post its largest weekly rise for the year, boosted by encouraging labour market data from the United States and limited short-term availability of the metal in the physical market.
CNBC's Capital Connection team discuss whether copper's sharp decline is anything to be alarmed about.
Juerg Kiener, MD & CIO at Swiss Asia Capital, explains why he thinks the base metal will see declines until the middle of the year.
SYDNEY, Feb 3- London copper drifted on Monday towards two month lows hit the previous session, with slowing factory growth in China darkening the demand outlook for the metal. *China's stock, bond, foreign exchange and commodity futures markets are closed from Jan. 31 through Feb. 6 for the Lunar New Year holiday.
LONDON, Jan 30- Copper prices fell to a near two-month low on Thursday, dragged lower by lacklustre demand from China ahead of a week-long holiday, while overproduction in aluminium pressured the metal to its lowest level in nearly five years. Demand from China has waned in the run-up to the week-long Lunar New Year holiday which starts on Friday.
CNBC's Sharon Epperson reports gold traders are waiting for the Fed decision.
*Copper at 7- week low. Copper futures hit their lowest in seven weeks on worries about an economic slowdown in top consumer China, while U.S. government export data helped lift soybean prices.
SYDNEY, Jan 27- London copper sagged to its lowest in seven weeks on Monday as concerns over imminent cuts to the Federal Reserves's bond buying program and turmoil in emerging economies spilled across into commodities. *Three-month copper on the London Metal Exchange edged down by 0.23 percent to $7,163.75 a tonne by 0114 GMT from the previous session.
Traders think gold could go to $1300 if equities continue to falter, reports CNBC's Sharon Epperson.
Gold and silver are seeing safe haven buying, reports CNBC's Bertha Coombs.
While some investors are still worried that commodity prices will continue to fall, others are jumping in.
SYDNEY, Jan 22- London copper was trading flat on Wednesday as expectations the Federal Reserve may scale back stimulus measures next week reduced the allure of commodities, but a shortage of refined metal buttressed prices.
CNBC's Sharon Epperson reports on weakness in the metals at the close.
SYDNEY, Jan 20- London copper edged lower on Monday in holiday-thinned trade as China reported slowing economic growth for the fourth quarter of last year, although prospects of tighter supplies than previously expected helped to contain losses.