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Nickel Jumps Most in Six Weeks on IMF Role in Europe

Investing News Network
Dec. 02, 2011 03:07PM PST
Base Metals Investing

Bloomberg reported nickel prices had the biggest gain in almost six weeks as investor optimism on the European and U.S. economies bolstered prospects.

Bloomberg reported nickel prices had the biggest gain in almost six weeks as investor optimism on the European and U.S. economies bolstered prospects.

As quoted in the market news:

The International Monetary Fund may play a larger role in solving Europe’s debt crisis, and the U.S. unemployment rate in November unexpectedly dropped to a 32-month low. A gauge of industrial metals climbed this week after a November slump.

Click here to read the full Bloomberg report.

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