* Base metal prices posted gains of between 1.3-2.7pct in London trade on Wednesday with tin faring the best and zinc up the least.
The gold price also rose on Wednesday in response to a weaker US dollar and strong physical demand for bullion. The Comex June futures price was higher by US$15.60 an ounce or 1.1pct to US$1,464.40 per ounce.
Gold Advances Most in Two Weeks on India, China Demand
Bloomberg report
http://www.bloomberg.com/news/2013-05-08/gold-drops-for-third-day-as-spdr-assets-shrink-to-four-year-low.html
Iron ore price rose by US20c to US$130.20 a tonne.
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