CAPITAL MARKETS

Iron ore, gold gain ground

IRON ore and precious metals rose overnight in what was an otherwise quiet session for metals due to a bank holiday in the UK.

Iron ore, gold gain ground

The MySteel 62% Australian iron ore fines price was up 1.3% to US$116 per tonne. "The recent strength in prices of iron ore (plus-13% in past two weeks) and other commodities has defied conventional...

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