ShreeMetalPrices: Gold Prices holds $2,000 as US Show Signs Of Slowness

gold-prices-dip-in-asian-trade-amidst-extended-fed-interest-rate-speculations

Gold dipped on Monday after solid US job data revived expectations for another interest rate increase and boosted dollar. But lingering economic uncertainties maintained safe-haven metal at 2000 dollar per ounce. – Gold Prices By 1040 GMT, spot gold had decreased by 0.3 percent to 2000 dollar an ounce. While United States gold futures delivery […]

ShreeMetalPrices: Iron ore price extends losses over slow China’s steel demand

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Iron ore prices fell as a result of weak Chinese steel demand statistics.According to data from consultancy Mysteel, the production of building steel products, such as rebar and wire rod, decreased by 1.05 percent week over week to 4.23 million tonnes in the week ending Apr 6, while the evident demand for both decreased by […]