A tentative revival in China’s economic activity late in the second quarter gave a renewed lift to the prices of the more industrial metals in June. However, it failed to translate into higher physical demand for gold. It was also not enough to support the price of oil, which was falling for most of the month on concerns that the market is more than amply supplied.
Subscriber content
Read this in full, free
Start a free trial and use one of your 10 free starter credits to unlock this piece.