| The iron ore price has edged lower, escaping much of the volatility that shook global financial markets in the wake of British voters’ historic decision to leave the European Union. Iron ore fell 0.6 per cent to $US51.40 a tonne in the most recent session, according to The Steel Index, from $US51.70 the previous day.
The relatively muted move contrasts with sharp swings in other commodities. The day after the vote, oil prices sank around 5 per cent, while safe haven asset gold soared 4.7 per cent in its largest one-day gain since September 2013...............................................Full Article: Source
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