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Precious metals: copper is heading for a stable week

04/08/2023
Source : ORISHAS FINANCE
Categories: Raw materials

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Copper traded in a tight range on Friday before the US jobs report, while prices were nearly stable over the week.

At 05:22 GMT, three-month copper on the London Metal Exchange was up 0.1% at $8,615.50 per metric ton. It fell by 0.5% compared to last week's close.

For other metals, lead rose 0.3% to 15,975 yuan, nickel rose 1.5% to 171,580 yuan. SHFE aluminum rose 0.4% to 18,525 yuan per metric ton, zinc gained 0.6% to 21,020 yuan. As a result of the ban on mining in Myanmar, tin fell by 0.5% to 228,580 yuan compared to previous gains

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