- Copper prices fell to a four-week low on Monday, after a pair of disappointing manufacturing reports underlined concerns over the health of China’s economy.Copper for September delivery on the Comex division of the New York Mercantile Exchange shed 0.1 cents, or 0.04%, to trade at $2.316 a pound during morning hours in London. It earlier fell to $2.288, the lowest since October 2.
- Gold prices slumped to a four-week low on Monday, as investors continued to cut holdings of the precious metal on expectations of tighter U.S. monetary policy.Gold for December delivery on the Comex division of the New York Mercantile Exchange shed $3.30, or 0.29%, to trade at $1,138.10 a troy ounce during European morning hours. It earlier fell to $1,133.80, the lowest since October 5.
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