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Weekly Round-Up: Gold Shakes Some Safe-haven Appeal; Silver, Copper Unchanged

Gold moved down during the second half of the week as a stronger dollar offset some safe-haven gains. Meanwhile, silver remained unchanged. On the copper front, concerns about falling Chinese data kept prices at a standstill. Oil was down $1 on Friday on oversupply concerns.

China’s Weakening Hold on the Global Rare Earths Market

Rare Earth – China was once responsible for over 90 percent of global rare earths production, allowing it to restrict exports and manipulate prices. However, following a WTO ruling against that practice earlier this year and moves to crack down on illegal mining, China's share of global rare earths production could be dropping.