Melbourne
London copper climbed on Monday to its highest in four weeks after a shock miss in May's U.S. jobs data pushed back expectations for a rate rise this month and pummelled the dollar.
As a result, the dollar languished at its lowest in over three weeks in early trade, boosting the buying power for commodities of consumers paying with other currencies.
Three-month copper on the London Metal Exchange advanced by 0.8 percent to $4,726 a tonne by 0703 GMT, having earlier touched $4,748 which was the strongest since May 12. Prices rose 1.7 percent on Friday.
Copper production in Democratic Republic of Congo, Africa´s top miner of the metal, dropped 20 percent in the first quarter.
In other metals, Shfe zinc and ShFE nickel rallied more than 2 percent at one stage, pulled up by solid gains in end-use sector steel.
Sheikh argued that the government should have maintained stable petroleum prices
MARI has successfully drilled and tested the third appraisal well in the Ghazij formation in the Mari D&PL
Gold rates decreased by $17 to $2,395 per ounce in the international market
Company's revenue saw a 13.9% year-on-year increase, reaching Rs49.2 billion, up from Rs43.19 billion in the same...
A man counts US dollars in a money exchange shop in Dhaka. — AFP/FileLAHORE: The first thing that the government...
Power generation stood at 8,741 gigawatt-hours or 11,749 megawatts in March
