Base Metals

Reuters reported Thursday that copper was steady, though other metals sank under the weight of a strong dollar after better-than-expected US growth data and a European Central Bank rate cut.

Reuters reported Thursday that copper was steady, though other metals sank under the weight of a strong dollar after better-than-expected US growth data and a European Central Bank rate cut.

Three-month copper on the London Metal Exchange failed to trade during closing open outcry activity and was last bid at $7,145 a tonne, up 0.4 percent.

Other metals fared worse. Tin touched the lowest in nearly eight weeks, while zinc, lead and nickel hit the weakest in three weeks.

Click here for the full Reuters story

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COMMODITIES

Commodities
Gold1778.53+0.14
Silver20.240.00
Copper3.60-0.02
Palladium2147.53+10.96
Platinum934.00+4.00
Oil88.43-0.98
Heating Oil3.42+0.01
Natural Gas8.83+0.10

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