LIVE FUTURES REPORT 23/10: LME base metals trade broadly higher with US relief deal, elections in focus

October 24, 2020 / www.metalbulletin.com / Article Link

The London Metal Exchange base metal prices barring aluminium traded higher on Friday October 23, with the US dollar on shaky ground.

US House of Representatives speaker Nancy Pelosi said on Thursday that could be a settlement "pretty soon" on the bill which Democrats and President Donald Trump propose providing $2.2 trillion in targeted relief in what is the world's largest economy.

The dollar index has dropped from early morning highs over 93 to 92.8, having been as low as 92.5 yesterday.

"The market is heading into uncertain times...

Recent News

Gold stocks decline on flat metal and mixed equities

October 07, 2024 / www.canadianminingreport.com

Copper price expected to range from flat to slight gain in 2025

October 07, 2024 / www.canadianminingreport.com

China's gold holdings to central bank reserves still low

September 30, 2024 / www.canadianminingreport.com

China has broad effect on gold market

September 30, 2024 / www.canadianminingreport.com

Gold stocks mixed after previous week's huge gains

September 23, 2024 / www.canadianminingreport.com
See all >
Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok