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Commodity prices are falling as renewed trade concerns between Washington and Beijing
2018/04/06 15:16
(Encyclopedia of this Day News | Iraq News ) - Direct: global commodity prices fell during trading on Friday, with renewed fears of trade conflict among the largest in the economic world.
Markets began to pick up yesterday after signs of US and Chinese direction to negotiate a solution to their trade rivalry, but tensions have been renewed after President Donald Trump's plan to impose new tariffs on Beijing.
By 0330 GMT, the benchmark Brent crude for June delivery fell 0.6 percent to $ 67.92 a barrel.
Nymex crude futures fell 0.7% to $ 63.09 a barrel.
China has revealed that it is not afraid to enter into a trade war with Washington, but does not want it, saying it will accompany the United States to the end and will respond countermeasures and comprehensive.
Gold prices fell slightly, and the price of metal futures for June delivery fell 0.1% to $ 1327.3 an ounce, and spot delivery of the yellow metal fell 0.2% to $ 1323.5 an ounce.
Silver futures fell 0.6% to $ 16.25 an ounce, while platinum fell $ 910.12 an ounce by 0.3%.
The price of copper fell 1.2% to 303.80 cents per pound, continuing losses recorded at the beginning of the week.
During the same period, the dollar index, which measures the performance of the currency against six major currencies, stabilized at $ 90.45.
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Markets began to pick up yesterday after signs of US and Chinese direction to negotiate a solution to their trade rivalry, but tensions have been renewed after President Donald Trump's plan to impose new tariffs on Beijing.
By 0330 GMT, the benchmark Brent crude for June delivery fell 0.6 percent to $ 67.92 a barrel.
Nymex crude futures fell 0.7% to $ 63.09 a barrel.
China has revealed that it is not afraid to enter into a trade war with Washington, but does not want it, saying it will accompany the United States to the end and will respond countermeasures and comprehensive.
Gold prices fell slightly, and the price of metal futures for June delivery fell 0.1% to $ 1327.3 an ounce, and spot delivery of the yellow metal fell 0.2% to $ 1323.5 an ounce.
Silver futures fell 0.6% to $ 16.25 an ounce, while platinum fell $ 910.12 an ounce by 0.3%.
The price of copper fell 1.2% to 303.80 cents per pound, continuing losses recorded at the beginning of the week.
During the same period, the dollar index, which measures the performance of the currency against six major currencies, stabilized at $ 90.45.
Note: The content titled "Commodity prices are declining with renewed trade concerns between Washington and Beijing" was first published on the "Live" site and the encyclopedia of this news day is not guaranteed in any way.
You can see the details of this title (commodity prices decline as renewed trade concerns between Washington and Beijing) through its original source any site (live site).
https://hathalyoum.net/articles/1522346-%D8%A3%D8%B3%D8%B9%D8%A7%D8%B1-%D8%A7%D9%84%D8%B3%D9%84%D8%B9-%D8%AA%D8%AA%D8%B1%D8%A7%D8%AC%D8%B9-%D9%85%D8%B9-%D8%AA%D8%AC%D8%AF%D8%AF-%D8%A7%D9%84%D9%85%D8%AE%D8%A7%D9%88%D9%81-%D8%A7%D9%84%D8%AA%D8%AC%D8%A7%D8%B1%D9%8A%D8%A9-%D8%A8%D9%8A%D9%86-
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