Friday, November 20th, 2009

Posts Tagged ‘ Lme ’

Base Metals Move Little

Apr 9th, 2009 | By Doug Casey | Category: Financial News

The base metals were mixed on Wednesday. Copper ran at $2 again, and again was turned away at $1.98 right around noon, after which it fell to finish at $1.9483/lb., down a quarter-cent.



Base Metals Modestly Higher

Dec 30th, 2008 | By Doug Casey | Category: Financial News

The base metals were all in the green in light post-Christmas trading on Monday. Copper noodled around within a tight 4-cent range the whole day, finishing at $1.3115/lb., up more than 2 cents from Friday. Nickel had a good day, advancing to $4.409/lb., up 17 cents. Zinc moved slightly higher, closing at $0.5164/lb., up three-quarters of a cent. Aluminum posted a modest gain to $0.6868/lb., up more than a penny, while lead had a very strong day, adding nearly 4 cents, to $0.4177/lb.



Base Metals All Push Higher, Getting a boost from Equities Markets

Nov 14th, 2008 | By Doug Casey | Category: Financial News

The base metals all had a rare close in positive territory on Thursday. Copper bottomed during the pre-dawn hours, then forged a not unbroken but steadily higher trail through the day, finishing at its intraday high of $1.6223/lb., up 3½ cents.



Base Metals Bomb, China no Longer Seen as Savior

Nov 12th, 2008 | By Doug Casey | Category: Financial News

The base metals were all deep in the red on Tuesday. Copper had another day of incessant down, with each tiny upblip met with immediate selling, leading to a finish barely off its intraday low at $1.5997/lb., down 10 cents. Nickel followed a similar path, except that it didn’t manage to escape its intraday low, closing right there at $4.6531/lb., down 29 2/3 cents.



Nickel Producers Cutting Production as Demand Slows and Stockpiles Rise

Nov 4th, 2008 | By Doug Casey | Category: Financial News

The base metals were mostly lower on Monday. Copper held onto Friday’s close until the late pre-dawn hours, but then was off sharply, bottoming near $1.75 at mid-morning before rallying to a finish at $1.828/lb., down 6½ cents from Friday.



Base Metals Mostly Stabilize

Oct 24th, 2008 | By Doug Casey | Category: Financial News

The base metals were mixed on Thursday. Copper went on a wild ride, rising and falling sharply through a 10-cent range before settling little changed at $1.8571/lb., down just a penny.



Base Metals All Up

Jul 29th, 2008 | By Doug Casey | Category: Financial News, Gold Market

It was a banner day today for the base metals as copper, zinc, nickel, aluminum, and lead all rose. Copper rose slightly in early trading before falling to an intraday low at around 9am. Prices rallied, however, to finish at $3.7692/lb., up ¾ cents.



Base Metals See Red

Jul 19th, 2008 | By Doug Casey | Category: Financial News, Gold Market

The base metals were all in the red on Friday. Copper was all over the place, but stayed between $3.75 and $3.79, finishing near the lower part of the range, at $3.762/lb., down a penny and two-thirds.



Base Metals Up On Optimism

Jul 18th, 2008 | By Doug Casey | Category: Gold Market

The base metals were mostly in positive territory on Thursday. Copper was flat until the New York open, then climbed higher through the morning, before easing to a finish at $3.787/lb., up more than 3 cents.



Copper Rallies on Peru

Jun 20th, 2008 | By Doug Casey | Category: Gold Market

The base metals were mixed on Thursday. Copper sank during the pre-dawn hours but took off during the first hour of New York trading, before easing later in the day and finishing at $3.8466/lb., up 2¼ cents.