CAPITAL MARKETS

Weaker US dollar supports base metals

A SOFTER US dollar proved to be good for base metal prices on Thursday.

Image: iStock/Antoine2K

Image: iStock/Antoine2K

Tin rose by 3% to a four-month high of US$28,659 per tonne. Nickel added another 1.2% to $22,901, while copper was up 0.6% to $8556/t. Marex's Al Munro noted that China had announced a 10 basis point...

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