Worries about demand in China and elsewhere due to a slowdown in growth were reinforced by rising inventories.

Russian gold and silver miner would shift its focus to Kazakhstan as part of strategy to de-risk its ongoing operations.

In the case of some commodities, regulators say they do not have information on who holds the large positions that can inflate prices beyond levels implied by supply and demand.

“It was pretty widespread” on the precious-metals trading desk, said Corey Flaum, a gold and silver trader.

During the first five months of the year, the global market was in a surplus of 16,100 tonnes.

Prices bounced as much as 0.9% on Monday as the dollar declined for a second day.

A growing number of home buyers across China threatened to stop making mortgage payments for stalled property projects.