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Precious metals: London copper rises slightly

01/11/2024
Source : ORISHAS-FINANCE
Categories: Raw materials

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London copper rose slightly on Friday. The weakness of the US dollar has made metals listed in dollars cheaper for holders of other currencies

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LME copper is expected to experience a fifth consecutive week of decline, down 0.1% since the start of the week. While the é most traded December copper contract on the Shanghai Futures Exchange (SHFE) rose by 0.2% to 76,610 yuan ($10,751.83) per ton, three-month copper on the London Metal Exchange (LME) rose by 0.2% to 76,610 yuan (10,751.83 dollars) per ton, Increase by é 1% à é $9,596 per metric ton

à 04:03 GMT.

SHFE aluminum increased 0.5% to 20,845 yuan per ton, tin added 1.3% to 257,550 yuan, lead increased 0.6% to 16,790 yuan, lead increased 0.6% to 16,790 yuan, nickel increased 0.3% to 16,790 yuan, nickel increased 0.3% to 124,140 yuan, while zinc fell 0.4% to 25,030 yuan. LME aluminum rose 1% to $2,642.50 per ton, nickel rose 0.4% to $15,775, zinc rose 0.9% to $3,057, lead rose 1.1% to $2,041.50 per ton, and tin rose 0.8% to $31,470

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