0755 GMT - Gold appears to be extending its consolidation phase, based on the daily chart, RHB Retail Research's Joseph Chai says in a report. During this consolidation phase, RHB keeps its positive trading bias for gold, with the nearest resistance at $2,800/oz. (ronnie.harui@wsj.com)--Iron Ore Prices Fall Amid Expected Rise in Supply -- Market Talk0254 GMT - Iron ore is lower in early Asian trade. Downside risks are emerging for iron ore prices, ANZ research analysts say. However, prices are unlikely to collapse, as stronger demand from China's manufacturing, and shipping sectors, will provide support, ANZ says.
Source: Wall Street Journal November 04, 2024 20:48 UTC