The three-month price for lead was up by 1.54% on Thursday at 5pm, trading at $1,978.50 per tonne and up from Wednesday’s closing price of $1,948.50 per tonne.
This was the fifth consecutive day that the metal had ended trading above $1,900 per tonne, a mark hit for the first time since August this year on November 13. It was also its eighth consecutive day with a gain in price.
“Fund managers were bullish toward the heavy metal for the fourth week in a row in...