London copper fell on Friday but was set to close the week up by more than 2 percent on modest seasonal strength in consumer demand in China, but gains were capped by fitful growth prospects in Europe and the United States.
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Friday, 12 April 2013
LME COPPER
Three-month copper on the London Metal Exchange had slipped 0.44 percent to $7,576 a tonne by 0114 GMT, erasing gains from the previous session.
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Thursday, 11 April 2013
LME COPPER
Three-month copper on the London Metal Exchange was little changed at $7,544 a tonne by 0114 GMT, after closing down 0.66 percent the session before.
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COPPER
London copper was steady on Thursday, supported by growing optimism over China’s economic revival after lending surged in March, but consumers were reluctant to chase prices that hit two-week highs earlier in the week given global oversupply.
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U.S.CRUDE
U.S. May crude settled up 44 cents at $94.64 a barrel, having swung from $93.40 to $94.82
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BRENT CRUDE
Brent crude oil prices fell on Wednesday, dragged down by a steep sell-off in U.S. gasoline futures after a U.S. government report showed an unexpected build in domestic gasoline inventories.
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SPOT GOLD
Spot gold was up 0.1 percent but still near $1,550 an ounce, after falling 1.5 percent on Wednesday, its biggest one-day drop in 1-1/2 months. The Fed’s minutes and Cyprus’s plan to sell its gold reserves to raise cash undermined sentiment.
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GOLD
Gold had dropped $4.35 an ounce to $1,553.79 by 0037 GMT, after hitting its lowest since April 5 at $1,553.10. The metal declined more than 1 percent on Wednesday in its biggest one-day fall since Feb. 20.
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