Metals generally firmer this morning despite weakness in other markets

October 19, 2018 / www.metalbulletinresearch.com / Article Link

Three-month base metals prices on the London Metal Exchange were for the most part firmer with gains averaging 0.6% on the morning of Friday October 19, but this follows a general down day on Thursday, when the complex closed down by an average of 0.8%. This morning, prices range from slightly lower on lead to up by 2.1% for nickel, while copper is up by 0.7% at $6,174 per tonne. Volume has been average with 6,824 lots traded as of 08:02am London time. The precious metals were split with gold and silver prices slightly lower, while platinum and palladium are up by 0.4% and 1.2% respectively. The spot gold price was at $1,223.30 per oz In China, the base metals prices were divergent with January nickel up by 1.7%, while the rest of the complex was down by an average of 0.7%....

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