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SMM Morning Review - 2011/2/12 Lead Market
Feb 12,2011 10:04CST
smm insight
Source:SMM

SHANGHAI, Feb. 12 (SMM) – On Friday, the Egyptian political crisis was solved, with President Mubarak's resignation. In response, investors appetite grew. Despite a strong US dollar index, LME March-delivery lead contract prices closed USD 29.8/mt at USD 2,529.8/mt finally.

In neighboring markets, the US dollar index settled at 78.413, up 0.198. Gold futures for April delivery closed USD 2.10 lower at USD 1360.40 per ounce; silver futures for March delivery closed 9.9 cents lower at USD 29.995 per ounce.


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