* Gold, silver ascend on safe-haven flows. * Stocks, dollar, Treasury yields drop. * Platinum set for biggest weekly fall since November. By Seher Dareen. Gold prices jumped nearly 2% on Friday, driven by a slide in U.S. Treasury yields and broader financial markets as worries over a fallout in the banking sector eclipsed a strong U.S. jobs report and drove safe-haven flows into bullion.
Mali's gold exports rose 8.4% in 2022, reflecting a rise in industrial gold production over the same period, data from the country's statistics agency showed on Friday. The West African country, exported 69.3 tonnes of gold last year, compared to 63.9 tonnes in 2021, according to statistics seen by Reuters.
* Gold down over 1% this week. * Platinum set for biggest weekly fall since November. * U.S. February payrolls data due at 1330 GMT. By Ashitha Shivaprasad. Gold prices edged up on Friday but were on track for a weekly fall as prospects of further interest rate hikes dented its allure, while traders awaited a U.S. non-farm payrolls report due later in the day.
Copper prices rose in London on Wednesday after two days of decline amid signs of limited supply and weaker dollar, making the metal more attractive for buyers with other currencies.
The race for electric vehicle battery metals is heating up. Automakers can't go green without having sufficient quantities of the lithium, nickel and cobalt that make the batteries work. Fear of missing out, quite literally, is generating an industry-wide shift to investing directly in the mining sector to ensure future supplies of the battery inputs.
* Dollar on way to 0.3% fall for the week. * Platinum sees biggest weekly rise since mid-Nov. * Palladium en route for largest weekly rise since late-Dec. By Seher Dareen.
The race for electric vehicle battery metals is heating up. Automakers can't go green without having sufficient quantities of the lithium, nickel and cobalt that make the batteries work. Fear of missing out, quite literally, is generating an industry-wide shift to investing directly in the mining sector to ensure future supplies of the battery inputs.
* Dollar index down 0.4% for the week. * Longer term, gold price volatility expected - Fitch Solutions. * Silver, platinum head for weekly gains. By Ashitha Shivaprasad. Gold prices climbed to their highest in more than two weeks on Friday and were on track for their biggest weekly rise since mid-January, supported by a softer dollar as investors gauged the U.S. central bank's policy path.
* Gold off 1-week high hit on Wednesday. * U.S. dollar index up 0.2% * Platinum down from 3-week peak scaled on Wednesday. * U.S. 10-yr Treasury yields hit highest since November. By Kavya Guduru. March 2 - Gold prices slipped on Thursday as the dollar firmed, with a fresh set of economic data cementing investor worries that global interest rates would stay higher for longer than expected.
Chile's economic activity in January beat market forecasts and put an end to a negative string of four consecutive monthly drops, with improved mining results helping the world's largest copper producer start the year in a positive tone.
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