Gold stabilizes, copper sags and cotton takes off. Around 3:40 p.m. GMT, an ounce of gold was worth 1,782.94 dollars, a ton of copper 9,032.00 dollars and a pound of cotton 93.14 cents.

The price of gold stabilized over the week after a tumultuous start to the month, amid headwinds of investor concern and a rising dollar. The losses were caused by the rise of the dollar, which erodes the purchasing power of investors using other currencies in the international market, where the price of gold is fixed in American currency. But gold has also benefited from its status as a safe haven, as the market worried about the rise in the number of Covid-19 contaminations due to the Delta variant, as well as the geopolitical shock of the arrival of the Taliban. in Kabul. Around 3:40 p.m. GMT (5:40 p.m. in Paris), an ounce of gold was worth 1,782.94 dollars, against 1,779.75 dollars the previous Friday at the end of the session.

The price of copper took a beating this week on the London Metal Exchange (LME), falling back below 9,000 dollars per ton on Thursday and Friday, for the first time since April 14. Cotton prices hit a seven-year high on Tuesday, after an upward race that began at the start of the month, driven in particular by disappointing production forecasts from the US Department of Agriculture.