Friday, 27 March 2015

News and Research on Base Metals

Base Metals
Base metals on the LME apart from Nickel and Zinc traded higher yesterday as a weaker dollar helped to boost base metals in the early trade as lead touched the highest in almost two months and zinc hit a one-month peak.

However, concerns over China’s growth along with strength in the DX following strong jobs data restricted sharp gains. 

On the MCX, base metals traded higher owing to Rupee depreciation.

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