Base metals prices on the London Metal Exchange were broadly positive on the morning of Monday May 14, with all of the metals, except for zinc (-0.1%), up by an average of 0.6%. Nickel and lead were the frontrunners with gains of 1.3% and 1.2% respectively. Lead and nickel prices on the Shanghai Futures Exchange also led the way this morning, with prices up by...
Volume on the LME has been average, with 4,689 lots traded as at 06.42 am London time.
The precious metals were firmer across the board this morning, with the complex up by an average of 0.3% - gold prices were up by 0.1% at $1,319.87 per oz. Once again it looks as though gold prices have found support above $1,300 per oz and prices are attempting to work higher.
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