CHINA REBAR: Construction sites unaffected by Covid-19 so far

China's construction sites are still operating normally despite a rise in the number of Covid-19 cases but the seasonal demand drop continued to push down domestic rebar prices on Wednesday January 13.

Domestic
Eastern China (Shanghai): 4,350-4,370 yuan ($672-676) per tonne, down by 30 yuan per tonne
Market sources attributed the 0.7% day-on-day drop on the seasonal drop off in demand.

Construction activity has been normal in eastern and southern China over the past three days of mild temperature and have not been influenced by the resurgence of Covid-19,...

China's gold holdings to central bank reserves still low

China has broad effect on gold market

Gold stocks mixed after previous week's huge gains

Large TSXV gold multiple driven up by high Artemis weighting

Monetary-driven precious metals outperform major base metals