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    Base metals up after Fed announcement

    Written by Investing News Network
    |
    Nov. 04, 2010 09:27AM PST

    Proactive Investor.com reports that, on the heels of a Fed announcement causing weakness in the dollar has bolstered commodity prices today, including zinc.

    Proactive Investor.com reports that, on the heels of a Fed announcement causing weakness in the dollar has bolstered commodity prices today, including zinc.

    The story is quoted as saying:

    Base metals have followed their more precious counterparts today, as a weak dollar and buoyant equity markets help benchmark prices: copper gaining around 2%, zinc up 3% and aluminium at its highest level since April around $2,450/tn.

    To access the full story, click here.

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