Thursday, 28 May 2015

Daily Metals News and Update

Base Metals
Base metals on the LME apart from Copper and Aluminium were trading higher yesterday as reports that Greece and its creditors are closer to striking a deal so the cash-strapped nation would avert default in the coming days.

Copper
LME Copper prices declined by 0.4 percent on Wednesday as the DX resumed its rally and pressurized dollar denominated commodities. Also, concerns regarding demand outlook from China exerted pressure on the red metal.

MCX copper prices fell by 0.1 percent and closed at Rs.393.9/kg on Wednesday.

www.marketmagnify.com/bullion-services.php
Ph: 0731-6619100

No comments:

Post a Comment