New York futures for gold, copper tumble on WSJ tariff report
Premiums for gold traded on the US-based Comex over the London spot market halved following the news report, to around $20 an ounce.
South Africa’s Gold Fields said on Friday it had concluded a three-year wage agreement with unions representing employees at its Deep South gold mine, spanning March 2021 to February 2024.
The agreement equates to an average increase of 6.5% over the three-year period, Gold Fields said, adding a number of non-wage related issues had also been agreed.
(By Emma Rumney; Editing by Edmund Blair)
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