China’s first-quarter gold consumption falls 6%
The rise in gold prices has led to a shift in consumer behaviour, with traditional gold products such as gold ornaments and jewellery giving way to gold bars and coins.
On Tuesday’s session, iron ore spot markets finished mixed. Lower grades of 58% fines added 0.1% to $36.69 a tonne, greatly outperforming higher grades. The latter, particularly ore with 65% Fe content, fell by 1.5% to $83.60 a tonne. The...
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