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Why nickel prices have skyrocketed this year

Posted on 16 May 2014

Nickel prices are typically not on U.S. investors’ radar, but they’ve certainty been gaining attention this year. Prices have skyrocketed year-to-date on the London Metal Exchange as concerns over tight global supplies grow.
Prices for the metal have gained roughly 50% so far this year on the LME — from a low $6-a-pound range to more than $9 a pound, outperforming other commodities and equities, according to Jeb Handwerger, a metals and mining analyst and investor………………………………………..Full Article: Source


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