Tag: LME base metals rally on improved market sentiment

Nickel leads rally with sharp price surge RBI intervention strengthens INR below 90 mark Base metals prices on the London Metal Exchange (LME) strengthened, posting broad-based gains on 7 January on improved market sentiment. Nickel led the rally, surging 8.95% to $18,524/t, while aluminium rose 1.41% to $3,129/t. Copper prices advanced 1.90% to $13,238/t, supported…