Skip to main content

Posts

Showing posts with the label LIVE METAL NEWS UPDATE BY@www.tradelinecommodity.com India's No.1mcx Tips Provider Call Whatsapp @:8533828881 / 8077791812

LIVE METAL NEWS UPDATE BY@www.tradelinecommodity.com India's No.1mcx Tips Provider Call Whatsapp @:8533828881 / 8077791812

METALS MORNING VIEW 05/04: Slow start to trading with China on holiday; all eyes on Cu stocks, US employment report Three-month base metals prices on the London Metal Exchange were mixed during morning trading on Frid ay April 5, while trading has been quiet due to a public holiday in China. Nickel and tin were both up by 0.2%, aluminium was down by 0.3% and the rest were either unchanged or either side of unchanged – with copper flat at $6,450 per tonne. Prices for the red metal are holding up relatively well in light of Thursday’s 30,000-tonne stock inflow into LME sheds across several locations. Volume was well below average with 949 lots traded on LME Select as at 7.03 am London time. This compares with the 5,911 lots traded at a similar time on Thursday.In precious metals, the spot gold price was down by 0.4% at $1,287.66 per oz after a close of $1,292.75 per oz on Thursday. The rest of the comp lex were little changed compared with their closes on Thursday, although the