| Nickel extended gains to the highest price in two years on speculation that supplies of the metal used to make stainless steel will be tighter and prices will rise further in coming months.
The contract for delivery in three months on the London Metal Exchange added as much as 3.7 percent to $20,650 a metric ton, the highest since February 2012, and was at $20,641 by 11:00 a.m. in Tokyo. The price rose 9 percent last week, the most since February 2010...............................................Full Article: Source
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