Arab Today, arab today lme base metals rise on thursday
Last Updated : GMT 04:23:09
Arab Today, arab today
Arab Today, arab today

LME base metals rise on Thursday

Arab Today, arab today

Arab Today, arab today LME base metals rise on Thursday

LME in London
London - XINHUA

The base metals prices on the London Metal Exchange (LME) closed higher on Thursday.

Most Fed Reserve officials Wednesday noted that the condition for rate-hike had not yet been achieved, weighing on the U.S. dollar exchange rate.

The U.S. dollar index decreased 0.39 percent to 95.99 later in Thursday's session, lifting base metals prices.

The three-month unofficial copper price increased 91 U.S. dollars, or 1.82 percent, to 5,091 U.S. dollars per tonne.

The three-month unofficial aluminium price rose 20 U.S. dollars, or 1.28 percent, to 1,579 U.S. dollars a tonne.

The three-month unofficial lead price was up 13 U.S. dollars, or 0.76 percent, to 1,722 U.S. dollars a tonne.

The three-month unofficial zinc price surged 2.15 percent, or 38.5 U.S. dollars, to 1,826.5 U.S. dollars a tonne.

The three-month unofficial nickel price edged up 0.12 percent, or 12.5 U.S. dollars, to 10,425 U.S. dollars a tonne.

The three-month unofficial tin price increased 37.5 U.S. dollars, or 0.24 percent, to 15,450 U.S. dollars a tonne.

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