Tag: LME copper price jump
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LME base metals prices inch up d-o-d; copper hits new peak above $11,500/t
Nickel stocks surge to multi-year highs RBI allows weaker rupee as inflows fade Base metals traded mostly positive on 3 December, with LME copper leading the gains as prices jumped 3.07% to $11,488/t supported by firmer demand signals and marginal inventory builds. Aluminium also strengthened, rising 1.1% to $2,897/t while nickel gained 0.49% to $14,873/t.…