Commsec report Tuesday April 9 2013
Base metal prices were higher on the London Metals Exchange
on Monday. The weaker US dollar supported the demand for
commodities, while copper also benefited from news of a potential
nationwide strike by Chilean miners. Lead (up 0.7pct), Copper and
Nickel (both up 0.6pct) recorded the strongest gains. But the gold
price fell, with the most active Comex June futures price down by
US$3.40 an ounce or 0.2pct to US$1,572.50 per ounce. The iron
ore price rose by US$1.70 or 1.2pct to US$137.60 a tonne
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