Among them is gold .. mineral reflects their losses after a hard wave

The prices of copper and a number of other minerals reflect their previous declines, which are part of a wide wave that swept the markets, at a time when the trade war that US President Donald Trump expanded to undermine the prospects for the global economy. China responded on Friday to the comprehensive US fees announced last week, which increased the worse of the trade conflict between the two largest economies in the world. Al -nahhas expanded the wave of his drop over three days to up to 16%, in its biggest decline since October 2008, at the peak of the global financial crisis. Gold rose after it fell 2.2% earlier to fall below the 3 thousand dollars per ounce level. Al -nahhas also rose 2.4% after dropping 7.7% on the London Stock Exchange, which is the largest decline in five years. A wave of landing in the basic commodities. These movements come to sharp declines in the prices of minerals and oil, which lowered the Bloomberg commodity index last week by 5.8%, in its worst performance since 2022. Copper prices have previously seen that a wave of rise with traders warnings that possible customs duties on the metal would lead to the pressure on the global offer. The collapse in the stock markets, and the imposition of more punishment on a large scale of countries, as well as the retaliation of China, has exacerbated concerns about global demand. The silver jumped 3.7% after falling 4.2% earlier, while the gold rose to $ 304.9 per gram at about 10:25 pm in Singapore. The price of copper was about $ 8920 per ton, while the nickel rose 0.6%. As for the iron ore in Singapore, it fell 4.2% to $ 96.4 per ton, which is the lowest level in three months.