Base metals prices drift down in LME officials as Euro fund falls short

Base metals settled below their opening prices in Monday’s official session on the London Metal Exchange, after a meeting of G20 finance ministers said eurozone nations needed to commit more money to their rescue fund before any international aid would be forthcoming.

“The US dollar has strengthened against the Euro as the G20 meeting this weekend showed no signs of a concerted global effort to send aid to a failing Europe,” an...


Jethro Wookey

February 27, 2012

13:27 GMT