Reuters
Melbourne
London copper came off a touch on Tuesday but remained near four-week highs as the dollar stayed under pressure after Federal Reserve Chair Janet Yellen said a rate hike was on the horizon but did not specify when.
Three-month copper on the London Metal Exchange edged down by 0.2 percent to $4,679.50 a tonne by 0132 GMT, after closing flat in the previous session when it struck the highest since May 12 at $4,748 a tonne.
Shanghai Futures Exchange copper had also finished barely moved at 36,060 yuan ($5,496) a tonne.
In other metals, nickel prices have got a boost from threats of mining sector reform in the Philippines, hitting the highest in more than a fortnight on Monday when they climbed 1.9 percent. The Philippines is China's biggest supplier of nickel ore. Philippine President-elect Rodrigo Duterte warned mining companies to "shape up", as he signalled he would prefer ownership of mining assets to be left to local investors.
Several solar panels can be seen in this picture. — AFP/FileLAHORE: Pakistan, with a potential of 40 GW of solar...
The screenshot shows the High Commission of Pakistan in Rwanda hosting a webinar on "Exploring the African Market -...
An undated image of gold jewellery displayed at a store. — AFP/FileKARACHI: Gold prices in the local market dropped...
Clare Lombardelli, the OECD’s chief economist. — BloombergLONDON: High flows of immigration into rich countries...
Representational image of growth in economy. — APP FileLAHORE: The normal ingredients of economic growth include...
The logo of Russia's energy giant Gazprom is pictured at one of its petrol stations in Moscow on May 11, 2022. —...