LIVE FUTURES REPORT 02/07: Aluminium, copper edge up while market awaits cues from data releases

Aluminium and copper prices on the London Metal Exchange remained firm during morning trading on Friday July 2 amid low-volume trading.

The three-month aluminium price was most recently at $2,527 per tonne, up by $15 per tonne from $2,512 per tonne at the close of trading on Thursday. The contract has trading in a tight range of $2,506-2,527 per tonne on Friday morning.
LME aluminium stock levels continue to drop, with warrants for 7,525 tonnes freshly cancelled on Friday and a further 5,950 tonnes taken out - mostly in Malaysia's Port Klang and Johor.
Total stock levels are now just over 1.5 million tonnes, the lowest since March.

On-warrant stock levels...

Mixed outlook for gold as it remains range bound for past three months

Gold stocks down on flat metal price

Gold stocks down on metal decline

Huge quantifiable rise in geopolitical, economic and trade risks

Platinum clearly ahead of palladium for first time in seven years