Tuesday, November 24th, 2009

Posts Tagged ‘ Lme ’

Base Metals Stuck

Jun 14th, 2008 | By Doug Casey | Category: Gold Market

The base metals were mixed on Friday. Copper was flat until the late morning, then shot upward, peaking around noon before flattening out after that to finish at $3.6656/lb., up 5 cents.



Strong Dollar Hits Most Base Metals – But Nickel Rallies on Smelter Closure

Jun 13th, 2008 | By Doug Casey | Category: Gold Market

The base metals were mostly in the red on Thursday. Copper declined from the pre-dawn hours through to mid-morning, then rallied to finish at $3.6157/lb., down just more than 2 1/3 cents. Nickel prolonged its recent resurgence, rising steadily to push back over the $11 mark, closing at $11.0873/lb., up 61 cents.



Base Metals Remain Stagnant

Jun 12th, 2008 | By Doug Casey | Category: Gold Market

The base metals were mixed again on Wednesday. Copper sagged through the pre-dawn hours, but recaptured the lost ground during the New York session, finishing at $3.6395/lb., up a penny and a half.



Base Metals Mostly Higher

Jun 7th, 2008 | By Doug Casey | Category: Gold Market

The base metals were mostly higher on Friday. Copper rose during the pre-dawn hours, peaking at $3.73 near the New York open, then slid for most of the rest of the day, finishing at $3.6965/lb., up 9 cents.



Base Metals Continue Weak – Huge Copper Surplus Predicted for 2009

Jun 6th, 2008 | By Doug Casey | Category: Gold Market

The base metals were mixed again on Thursday. Copper sank during the pre-dawn hours and fought its way back during the New York session though it fell short of positive territory at $3.6068/lb., down more than a penny and a third.



Base Metals Remain Stagnant – Aluminum Fundamentals seen as Strong

Jun 3rd, 2008 | By Doug Casey | Category: Gold Market

The base metals were mixed on Monday. Copper was off in the pre-dawn hours but rallied back during the New York session yesterday, to finish little changed at $3.6665/lb., down just over a tenth of a cent.



Base Metals Regroup – Tin Finally Starts Coming Down

May 31st, 2008 | By Doug Casey | Category: Gold Market

The base metals were mostly in positive territory on Friday. Copper struggled mightily to turn in a positive day yesterday, rallying twice off of steep drops, and it eventually succeeded, finishing at $3.6679/lb., up 2 2/3 cents.



Base Metals Beaten Senseless – Rising Stockpiles Blamed

May 30th, 2008 | By Doug Casey | Category: Gold Market

The base metals endured a serious bloodbath on Thursday. Copper fell off a cliff at the open of the New York session and never recovered, finishing at its intraday low of $3.6416/lb., down 10½ cents.



Base Metals Still Floundering

May 28th, 2008 | By Doug Casey | Category: Gold Market

The base metals were mostly in the red on Tuesday. Copper tumbled during the early part of the New York session, but rallied strongly from there to regain most of the lost ground and finish at $3.7999/lb., down a penny from Friday.



Base Metals Remain Weak

May 22nd, 2008 | By Doug Casey | Category: Gold Market

The base metals were mostly in the red on Wednesday. Copper was erratic, bouncing all over during the day, but ended up sliding somewhat, finishing at $3.8102/lb., down 3 cents.