After a morning of price dips across the complex, the majority of metals found support throughout the day from the weaker the weaker dollar. The dollar index hit a low of 89.02.
“The dollar is weak once again which helped prices pick up throughout the day. But copper is suffering on the higher stocks,” a trader said.
Lead closed 1.5% higher, following its sister-metal zinc which was boosted by this morning’s 23,625 tonne cancelation in New Orleans.
Aluminium and nickel prices ended...