United Kingdom

Peter Hobson

METALS-Lead slips to 3-week low as Chinese production rises

06 Nov 2019

LONDON, Nov 6 Lead prices fell on Wednesday as rising stockpiles in China and falling premiums for nearby material on the London Metal Exchange (LME) pointed to a better supplied market.

Gold demand rises as investors grow nervous - WGC

05 Nov 2019

LONDON A slew of investment in gold-backed exchange traded funds (ETFs) offset a decline in purchases of jewellery, bars and coins to push global gold demand slightly higher in the third quarter, the World Gold Council (WGC) said on Tuesday.

METALS-Copper slips as U.S. official warns of trade deal delay

30 Oct 2019

LONDON, Oct 30 Copper prices fell on Wednesday after a U.S. official dampened hopes that a trade deal with China will soon be announced and a big delivery into London Metal Exchange (LME) warehouses pointed to ample supply.

METALS-Nickel climbs after Indonesia blocks exports

29 Oct 2019

LONDON, Oct 29 Nickel prices rose on Tuesday as top producer Indonesia said it would temporarily stop ore exports ahead of a ban due to come into force next year.

LME to launch lithium committee including Tesla, Albemarle

29 Oct 2019

LONDON The London Metal Exchange is planning to create a committee to represent the interests of producers and users of lithium, a key component in electric car batteries, it said on Tuesday.

METALS-Zinc gains as deficit pushes inventories to new lows

23 Oct 2019

LONDON, Oct 23 Zinc prices rose on Wednesday as available stocks in London Metal Exchange (LME) warehouses slipped to their lowest levels in more than two decades despite expectations of increased supply.

METALS-Copper flat as traders gauge supply concerns from Chile protests

22 Oct 2019

LONDON, Oct 22 Copper prices were flat on Tuesday, as traders gauged the impact of intensifying protests in top producer Chile on supplies.

British regulator reviews JPMorgan metals trading amid U.S. probe: sources

11 Oct 2019

NEW YORK/LONDON Britain's financial services regulator is examining allegations of precious metals market manipulation by JPMorgan Chase & Co traders following criminal charges by U.S. authorities, according to two people familiar with the matter.

Palladium to build on record peak as market tightens again

03 Oct 2019

LONDON Palladium is likely to rise still higher after growing demand from automakers and a gaping supply shortfall pushed prices to record levels above $1,700 (1,382.45 pounds) an ounce this week, analysts said.

METALS-Rising trade fears drag copper to 4th day of losses

03 Oct 2019

LONDON, Oct 3 Copper prices slipped for a fourth day on Thursday after the United States announced tariffs on some European goods, adding to fears that a global economic slowdown will deepen, weakening demand for metal.

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