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Base metals stage rally, but will it last?

Posted on 02 December 2009

From Amm.com: Base metals jolted back to life in Tuesday trading on the back of a weaker U.S. dollar and a slew of positive economic data, but some market insiders said a year-end correction might still be in store for the industrial metals complex.

Zinc and copper led the rally on the London Metal Exchange, with three-month zinc clambering 3.7 percent higher vs. Monday to end second-ring trade at $2,335 per tonne, and copper rising 2.7 percent to a 14-month high of $7,016 a tonne……………………………Full Article: Source

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VRS - who has written 34624 posts on Opalesque Commodities Briefing.


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