Copper at 5- month high, gold steady

摘要

Copper rose to five -month highs on the London Metal Exchange (LME) on Friday (April 3). fuelled by expectations of improved demand after a meeting of world leaders agreed a 1.1 trillion dollars package to help levive the world economy At the same time gold steadied as Wall Street stocks opened down and European equity markets turned negative after non-farm payrolls data showed the US unemployment rate soared to its highest since 1983 Spot gold was quoted at 903 90/904.90 dollars an ounce at 1343 GMT from 903.15 dollars late in New York on Thursday, having earlier touched a low of 894.90 dollars. Gold was also pressured by reports the G20 had discussed the sale of 403 tonnes of gold held by the International Monetary Fund, approved last year.