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Copper inches up as investors weigh US job data, Fed rate decision
Copper nudged higher after a three-day decline on Wednesday, as market participants awaited the release of delayed US job data, with uncertainties over the Federal Reserve’s rate decision keeping gains in check. The most-active copper contract on the Shanghai Futures Exchange gained 0.15% to 86,060 yuan ($12,107.48) a ton as of 0300 GMT. The benchmark three-month copper on the London Metal Exchange also rose, up by 0.26% to $10,747.5 a ton.Investors are trading cautiously ahead of the release of official September US job data that was delayed by the government shutdown, a key reference for the country’s monetary ... (full story)
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Gold edged lower on Wednesday due to a stronger dollar, while investors awaited minutes from the Federal Reserve’s latest policy meeting and U.S. jobs report that could shed more light on the central bank’s interest rate trajectory. Spot gold was down 0.2% at $4,059 per ounce, as of 0201 GMT. U.S. gold futures for December delivery edged 0.1% lower to ...
After a six-week delay due to the US government shutdown, the Bureau of Labor Statistics will release the September jobs report at 8:30 a.m. ET Thursday. Wall Street economists expect the report to show modest job gains of around 50,000 positions, according to data from Bloomberg. The report was initially scheduled for release on Oct. 3, but was delayed by ...
From brecorder.com | Nov 19, 2025
Benchmark three-month copper on the London Metal Exchange was down 0.8percent at USD10,690 per metric ton in official open outcry trading. The metal, expected to benefit from the artificial intelligence boom, earlier fell as much as 1.1percent to USD10,660.50, its lowest since November 5. Copper is now down around 4.5 percent from the all-time peak of ...
