
The base metal prices on the London Metal Exchange (LME) closed higher mostly on Wednesday, lifting by weaker U.S. dollars.
The U.S. dollar exchange rate go down due to poor U.S. economic data.
U.S. real gross domestic product (GDP) increased at an annual rate of 0.2 percent in the first quarter this year, according to an advanced estimate released by the U.S. Commerce Department on Wednesday.
The first quarter GDP showed a sharp slowdown from the fourth quarter's 2.2 percent pace and below expectations.
The three-month unofficial copper price increased 28.5 U.S. dollars, or 0.47 percent, to 6,131 dollars per tonne.
The three-month unofficial aluminium price increased 23 dollars, or 1.23 percent, to 1,889 dollars a tonne.
The three-month unofficial lead price lost 6 dollars, or 0.29 percent, to 2,085 dollars a tonne.
Besides, the three-month unofficial zinc price increased 3 dollars, or 0.13 percent, to 2,294 dollars a tonne.
The three-month unofficial nickel price increased 72.5 dollars, or 0.54 percent, to 13,485 dollars a tonne.
The three-month unofficial tin price lost 150 dollars, or 0.94 percent, to 15,725 dollars a tonne.
GMT 19:47 2018 Saturday ,06 January
Global stocks extend rally; London hits record peakGMT 19:22 2018 Wednesday ,03 January
Worldwide stocks start year on a highGMT 10:37 2018 Wednesday ,03 January
Asian markets build on gains, dollar faces further weaknessGMT 17:30 2017 Sunday ,31 December
London stocks end year on record highGMT 18:04 2017 Thursday ,28 December
Miners boost stocks in thin holiday tradingGMT 18:51 2017 Monday ,25 December
Oman’s share index falls on lack of buying supportGMT 08:49 2017 Sunday ,24 December
'Virtual gold' may glitter, but mining it can be really dirtyGMT 17:45 2017 Saturday ,23 December
Madrid stocks sink on Catalan woes; London hits record
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Send your comments
Your comment as a visitor