Metals
Metals prices this morning are mixed with Dec gold +5.8 (+0.44%), Dec silver +0.125 (+0.70%) and Dec copper -0.046 (-1.50%) at a 3-week low. Tuesday’s closes: Dec gold -3.0 (-0.22%), Dec silver -0.012 (-0.07%), Dec copper -0.0300 (-0.98%). Metals on Tuesday closed lower with Dec gold at a 1-week low and Dec copper at a 2-1/2 week low as the dollar strengthened and after the S&P 500 rallied to a new all-time high, which curbed safe-haven demand for precious metals. Copper prices were also under pressure after LME copper inventories increased by +10,300 MT.