Gold, copper and oil prices fall as market contagion spreads—’It’s just widespread panic’

Quick Summary:

Spot gold prices dropped as much as 3.2% to $2,364.43 an ounce on Monday, and copper sank as much 3.8%.

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Article Details

Author / Journalist: Mark Burton, Alex Longley, Yvonne Yue Li, Bloomberg

Category: EconomyBusiness

Markets: United StatesChina

Topics: Commodities Gold Commodity prices Oil Copper

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-08-05 @ 18:03:39 (12 hours ago)

News Timezone: GMT +8:00

News Source URL: fortune.com

Language: English

Article Length: 24 words

Reading Time: 1 minutes read

Sentences: 22 lines

Sentence Length: 2 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Fortune

News ID: 21940151

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About Fortune

Main Topics: EconomyBusiness

Official Website: fortune.com

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Year Established: 1929

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News Last Updated: 8 hours ago

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Publisher ID: #95

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