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Showing posts with the label METAL LIVE NEWS UPDATE BY TRADELINE@India's No.1mcx Tips Provider Missed Call @:/8057046270/8923452051

METAL LIVE NEWS UPDATE BY TRADELINE@India's No.1mcx Tips Provider Missed Call @:/8057046270/8923452051

METALS MORNING VIEW 08/03: Metals prices weaker after China's trade data highlights economic slowdown Three-month base metals prices on the London Metal Exchange were for the most part weaker again th is morning, Friday March 8, and weak Chinese trade data has not helped sentiment. With the exception of aluminium that was up by 0.1%, the rest of the co mplex were down between 0.2% for tin and 0.7% for nickel and zinc. Copper was off by 0.5% at $6,403 per tonne, compared with $6,435 per tonne at Thursday’s close. Volume was above average with 6,538 lots traded on LME Select as at 06.34am London time, compared with 6,915 lots at a similar time on Thursday.  Spot precious metals prices were for the most part firmer with gold, silver and platinum all up by an average of 0.5%, while palladium was down by 0.2%. Gold was recently quoted at $1,292.07 per oz, compared with $1,285.90 per oz at Thursday’s close – the firm tone in gold suggesting a pick-up in haven demand. In China, b

METAL LIVE NEWS UPDATE BY TRADELINE@India's No.1mcx Tips Provider Missed Call @:/8057046270/8923452051

METALS MORNING VIEW 08/03: Metals prices weaker after China's trade data highlights economic slowdown Three-month base metals prices on the London Metal Exchange were for the most part weaker again th is morning, Friday March 8, and weak Chinese trade data has not helped sentiment. With the exception of aluminium that was up by 0.1%, the rest of the co mplex were down between 0.2% for tin and 0.7% for nickel and zinc. Copper was off by 0.5% at $6,403 per tonne, compared with $6,435 per tonne at Thursday’s close.   Volume was above average with 6,538 lots traded on LME Select as at 06.34am London time, compared with 6,915 lots at a similar time on Thursday.   Spot precious metals prices were for the most part firmer with gold, silver and platinum all up by an average of 0.5%, while palladium was down by 0.2%. Gold was recently quoted at $1,292.07 per oz, compared with $1,285.90 per oz at Thursday’s close – the firm tone in gold suggesting a pick-up in haven demand.   In Chin