
The base metal prices on the London Metal Exchange (LME) closed higher mostly on Thursday.
U.S. existing home sales in October rose to its highest level since September 2013 and are above year-on-year levels for the first time in 2014, the National Association of Realtors (NAR) said Thursday.
Total existing-home sales, which are completed transactions that include single-family homes, townhomes, condominiums and co-ops, increased 1.5 percent to a seasonally adjusted annual rate of 5.26 million in October from a revised-up 5.18 million in September.
The base metals prices rose mostly as housing market data pointed to improved demand prospects in the United States, the second largest consumer of industrial metals.
The three-month unofficial copper price increased 8.5 U.S. dollars, or 0.13 percent, to 6,667.5 dollars per tonne.
The three-month unofficial aluminium price increased 1 dollars, or 0.05 percent, to 2,022 dollars a tonne.
The three-month unofficial lead price lost 5 dollars, or 0.25 percent, to 2,024 dollars a tonne.
Besides, the three-month unofficial zinc price increased 0.5 dollars, or 0.02 percent, to 2,252 dollars a tonne.
The three-month unofficial nickel price increased 250 dollars, or 1.55 percent, to 16,387.5 dollars a tonne.
The three-month unofficial tin price increased 250 dollars, or 1.28 percent, to 19,825 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