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London Nickel Down on Risk Aversion

Investing News Network
Aug. 08, 2011 05:41AM PST
Base Metals Investing

Reuters Africa reports nickel is down as investors rid themselves of riskier assests on news that the US has lost its AAA credit rating.

Reuters Africa reports nickel is down as investors rid themselves of riskier assests on news that the US has lost its AAA credit rating.

The market news is quoted as saying,

Nickel dropped 2.6 percent to $21,910, just off a low of $21,900, its weakest since June 27.

For the complete market news, click here.

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