Economy

Commodities Update — Gold edges higher; Copper slips on recession fears; Argentina planning to nationalize soymeal giant Vicentin

Follow-ups -eshrag News:

Mon, 2022-06-20 11:41

RIYADH: Gold prices edged higher in choppy trade on Monday as a weaker dollar buoyed bullion demand, with a US holiday expected to lead to thin trading during the day.

Spot gold firmed 0.2 percent to $1,843.57 per ounce by 0414 GMT, after falling as much as 0.3 percent earlier in the session. US gold futures gained 0.3 percent to $1,845.40. 

Platinum dips

Spot silver rose 0.3 percent to $21.71 per ounce, while platinum dipped 0.1 percent to $931.50. 

Palladium climbed 1.7 percent to $1,847.05. 

Copper slips

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