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Copper Rises to Highest Price since July 2008 on Lower Dollar: LME Preview

iconOct 26, 2010 10:07
Source:SMM

Oct 25 (Bloomberg) -- 

-- Copper jumped $191.25, or 2.3 percent, to $8,525.25 a metric
ton at 8:04 a.m. on the London Metal Exchange. Relative Strength
Index 69.1.
-- Aluminum gained 1.9 percent to $2,410 a ton. RSI 61.1.
-- Zinc jumped 3.2 percent to $2,592.50 a ton. RSI 77.6.
-- Lead rose 2.5 percent to $2,593.75 a ton. RSI 74.3.
-- Nickel gained 2.8 percent to $23,865 a ton. RSI 53.9.
-- Tin gained 1.9 percent to $26,899 a ton. RSI 66.7.

Other markets:      Last           % Change   % YTD
U.S. Dollar Index   76.852          -0.8       -1.3
Crude oil           $82.6            1.1        4.1
Gold                $1,343.60        1.1       22.5
MSCI World Index    1,228.37         0.4        5.1

Economic Events:
                                    Forecast     Prior     Time
                                                        (London)

U.S. existing home sales             4.30M       4.13M     15:00

             

 

Base metals
copper Cu
copper price
LME market
stock index futures

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