Tag: Metals Markets

Aluminum prices reach decade high after Guinea coup

Aluminum prices rose to their highest level in 10 years Monday after a military coup in mineral-rich Guinea threatened to snarl the lightweight metal’s supply chain. Three-month aluminum forward contracts on the London Metal Exchange rose 0.9% to $2,757 a metric ton, their highest level since early 2011. Shares of mining companies and aluminum producers […]

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Gold futures inch higher, holding ground at a nearly 3-week high above $1,800

Gold futures inched higher Tuesday, a day after the precious metal closed at its loftiest level in nearly three weeks, supported by weakness in the U.S. dollar. Investors are waiting for the the annual Jackson Hole central bankers monetary-policy symposium where Federal Reserve Chairman Jerome Powell on Friday may indicate that the central bank will slow […]

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