A high dollar index caused lead's three-month price to drop by 1% to its lowest since January at the close on Monday March 8, while copper's futures price inched close to the $9,000 per tonne mark with a 1% rise.
Buying interest in lead has been affected by the dollar index moving up to 92.39 on Monday at 5pm, the highest levels since November 2020, "driven by President Biden's mammoth $1.9 trillion stimulus bill having been passed by the US Senate on Saturday," Stone X senior metals analyst Natalie Scott Gray said."The bill will now go back to the House of Representatives for a final vote...