Archive for the September 17, 2019
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The Department of Justice charged two current and one former J.P Morgan Chase & Co executives on Monday with alleged racketeering and manipulating prices of metals such as gold, silver, platinum and palladium between 2008
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Copper slipped on Monday after weak Chinese data fuelled worries about demand, but lead and zinc hit multi-months peaks after a mine suspension. China's industrial production grew at the weakest pace in 17-1/2 years last
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The US Agriculture Department on Monday said private exporters reported the sale of 256,000 tonnes of soyabeans to China, the second trading day in a row that it announced a sale to the world's biggest
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US oil output from seven major shale formations is expected to rise by 74,000 barrels per day (bpd) in October to a record high 8.843 million bpd, the US Energy Information Administration said in its
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Some Brazilian mills have canceled sugar delivery contracts with commodities traders at a cost, an operation known in the market as washout, as New York raw sugar futures touch contract lows and make ethanol even
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Raw sugar futures on ICE rallied on Monday, hitting their highest in nearly two weeks as funds rushed to cover their record net short positions and oil prices soared after an attack on Saudi Arabian
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Gold prices jumped 1% on Monday as attacks on Saudi Arabia's oil facilities dented risk appetite, boosting demand for the safe-haven bullion, while investors awaited for clues on monetary easing from major central bank meetings
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Gold gained 1% on Monday after attacks on oil facilities in Saudi Arabia fuelled concerns of a further escalation in Middle East tensions and pushed investors towards safe-haven assets. Spot gold was up 0.9% to
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US corn and soybean futures rose on Monday as support from surging crude oil prices more than offset pressure from favourable weather for late-developing crops. Signs of easing US-China trade tensions also buoyed the market
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Gold gained 1% on Monday after attacks on oil facilities in Saudi Arabia fuelled concerns of a further escalation in Middle East tensions and pushed investors toward safe-haven assets. Spot gold climbed 1% to $1,503.31
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