Three-month base metals prices on the London Metal Exchange were mostly higher during morning trading on Tuesday November 3, prompted by a slight decline in the dollar index and hopes of fiscal stimulus in the United States after today's long-awaited presidential election.
Trading volumes were moderate over the morning, with LME aluminium's 5,500 lots topping the complex as of 10:30am London time; both copper and zinc futures registered over 3,000 lots traded while lead trailed with just 1,200 lots exchanged. Despite minimal volume, the LME three-month lead price was the standout performer during morning trading, climbing by some 1.3% and recently trading at $1,819 per tonne, pushing firmly above...