Metal prices closed mixed on the first day of the week, with gold rising 0.40% to $1,852.19 an ounce, boosted by dollar weakness.
Copper also gained 0.99% to trade at $9,515 a tonne, hitting a more than two-week high, on lower inventories, though gains were capped by damage to demand from coronavirus lockdowns. in its main consumer, China. On the contrary, the price of silver fell 0.10%, standing at 21.78 dollars per ounce.
So far this year, metals have had disparate prices. Silver is the one with the greatest drop, with a drop of 6.71%, followed by copper with a decrease of 2.11 percent. On the contrary, gold has had an advance of 1.29 percent.
For their part, the prices of grains presented gains this Monday, with wheat obtaining the largest increase of 0.90% to end at 11.93 dollars per bushel. This snapped a three-session losing streak, thanks to a series of opportunity purchases, as traders await the latest assessment on the health of the crop. Similarly, this Monday corn gained 0.65% and traded at 7.86 dollars per bushel.
Soybeans, on the other hand, lost 1.24% to sell at 16.87 dollars per bushel during the session, due to a technical setback after reaching a maximum in more than a month during the overnight session. The drop in soybean meal added pressure on the oilseed, according to operators.
Throughout 2022, the prices in the international grain market have rebounded, with wheat being the one that has had the most gains (54.84%), while corn rises 32.51% and soybeans show an increase of 26.99 percent.
In the cryptocurrency market, bitcoin remained volatile and by 9:00 p.m. Mexico City time, it lost 3.94% of its value, reaching a level below 30,000 at 29,093.30 dollars per unit.
The rest of the cryptocurrencies were also positioned in negative territory, such as solana (-7.51%), cardano (-5.95%), ripple (-4.11%), dogecoin (-3.65%), ethereum (-3.59%) and polkadot ( -2.54%). The cryptocurrency market adds up to a total of around 1.25 billion dollars. (With information from agencies)