Metals consolidate in quiet trading, but generally are holding up well

Metals consolidate in quiet trading, but generally are holding up well

The base metals tried higher yesterday and at the highs of the day the metals were up an average of 1.2 percent, but they pulled back by the close to end up an average of 0.4 percent. Aluminium ran into selling after setting a fresh high for the year at $1,709, it closed down 0.7 percent at $1,683. Nickel and zinc were up 0.9 percent, while copper rose 0.7 percent to $4,809. Read more at fastmarkets.com

2016-08-19 09:22