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LME aluminium surges to near 3-yr high, Fed boosts metals
Edited by : AL CIRCLE
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... London Metal Exchange aluminium rose to its highest in nearly three years on Thursday in a cross-commodity market rally on a weaker dollar following dovish comments from the U.S. Federal Reserve. By 0702 GMT, LME aluminium for three-month delivery rallied 1 percent to $2,771 a tonne, its highest since August 2008. London copper gained 1.4 percent to $9,465, while the rest of the complex rose 1.55 percent on a volume-weighted average basis. ...
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