Sickly Dollar Sees Metals Shine On




Summary


Thanks to the ever-weakening US dollar and the re-emergence of fund interest, the London Metal Exchange put in a strong performance last week with a clean sweep of gains for all the quoted metals.

All the contracts reached their weekly highs on Friday. Copper, zinc and lead showed net drawdowns while aluminium, nickel and tin tonnages all rose.

See the full content of this document

Extract


Sickly Dollar Sees Metals Shine On

Copper

Actually closing higher on every day of the week, copper traded between $2,830 and $2,955 before closing on Friday at $2,953 for a net g...

See the full content of this document