Edition:
United Kingdom

Peter Hobson

METALS-Copper slides further as China virus fears grow

23 Jan 2020

LONDON, Jan 23 Copper prices fell to their lowest in more than six weeks on Thursday as the rising coronavirus death toll heightened fears over the outbreak's potential impact on the Chinese economy.

Rhodium rally goes supersonic as auto makers clamor for supplies

22 Jan 2020

LONDON A rally in rhodium, a precious metal used to reduce vehicle emissions, has exploded into high gear, with surging demand and an uncertain supply outlook pushing prices up 40% in just three weeks to near record highs.

'There's no metal': Record-breaking palladium races higher

17 Jan 2020

LONDON A squeeze in ready availability of automotive metal palladium has driven up already record-high prices by 25% in just two weeks, accelerating a four-year rally and stoking expectations for further gains, analysts said.

Race to refine: the bid to clean up Africa’s gold rush

15 Jan 2020

ENTEBBE In a refinery just outside Uganda's main airport, workers slip bars of freshly refined gold into clear plastic bags sealed with a sticker of the national flag - black, yellow and red - and the label "Ugandan's Treasure."

METALS-Strengthening dollar curbs copper rebound

10 Jan 2020

LONDON, Jan 10 Copper was up by more than 1% for the week on Friday as fears of conflict in the Middle East diminished and exchange inventories continued to dwindle, though prices were kept in check by a stronger dollar.

JPMorgan metals traders under Singapore scrutiny, two more depart: sources

19 Dec 2019

NEW YORK/LONDON/SINGAPORE Regulatory scrutiny of precious metals trading at JPMorgan Chase & Co., one of the world's largest gold brokerages, has expanded to Singapore and ensnared two more bank employees, according to people familiar with the situation.

JPMorgan metals traders under Singapore scrutiny, two more depart -sources

19 Dec 2019

NEW YORK/LONDON/SINGAPORE, Dec 19 Regulatory scrutiny of precious metals trading at JPMorgan Chase & Co. , one of the world's largest gold brokerages, has expanded to Singapore and ensnared two more bank employees, according to people familiar with the situation.

Graphic: Unstoppable palladium flirts with $2,000 for first time

18 Dec 2019

LONDON Palladium prices are within a whisker of breaking above $2,000 an ounce for the first time, with a gaping supply deficit fuelling a remarkable run that has seen the autocatalyst metal more than quadruple in value since 2016.

METALS-Copper rises for fourth day as Trump hails trade progress

27 Nov 2019

LONDON, Nov 27 Copper prices hit their highest in nearly three weeks on Wednesday, rising for a fourth day after U.S. President Donald Trump said Washington was in the "final throes" of work on a trade deal with China.

METALS-Trade war optimism and inventory plunge push copper higher

25 Nov 2019

LONDON, Nov 25 Copper prices rose on Monday after positive comments from the United States and China on the progress of trade talks and a sharp decline in available stocks in London Metal Exchange (LME) warehouses.

World News

China virus death toll mounts to 25, infections spread

A new coronavirus has killed 25 people in China and infected more than 800, the government said on Friday, as the World Health Organisation declared it an emergency but stopped short of declaring the epidemic of international concern.