Meanwhile, China’s exports and imports shrank at their steepest pace in at least 2-1/2 years in November, as feeble global and domestic demand, COVID-led production disruptions and a property slump at home piled pressure on the world’s second-biggest economy. The Perth Mint’s sales of gold products in November dropped nearly 38% from the previous month, while silver sales fell to its lowest in more than a year, the refiner said in a blog post on Wednesday.
Yen finds footing after intervention, dollar near 6-week low on Mideast hopes
Currency markets took a breather as the Japanese yen gained traction, influenced by recent intervention measures. Meanwhile, the U.S. dollar index lingered near its six-week