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Base Metals See Moderate Declines Ahead of Chinese New Year
Base metals closed with moderate losses on Friday, just ahead of the start of the Chinese New Year holiday. The LME began the new week on a calm note. In our own matter: the Gerber Group warns of rising costs and an increasingly blocked EU Single Market. Last Friday, Asian base metal prices closed with moderate losses. To a significant extent, this movement was likely linked to the start of the Chinese New Year holiday period. A similar reaction was observed on Friday at the London Metal Exchange, although at the start of trading on Monday, base metals were moving largely sideways in stable conditions. US Steel and ... (full story)
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From finance.yahoo.com | Feb 16, 2026
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From finance.yahoo.com | Feb 16, 2026
Gold was little changed in early trade, with much of Asia closed for the Lunar New Year and after a US holiday on Monday. Bullion was near $5,000 an ounce, after falling 1% in the previous session. The metal had rallied briefly on Friday when modest US inflation data boosted the case for the Federal Reserve to trim interest rates. Lower borrowing costs are ...
