Metals posted substantial gains in last week on positives in global markets specially US.
With new orders for US manufactured goods, excluding transportation items, surged in November and new applications for jobless aid hit the lowest level in 15 months last week, pointing to a firmly entrenched economic recovery.
US stocks rallied in a brief pre-holiday session on Thursday, closing at 2009 highs, after data showing a drop in initial jobless claims and growth in durable goods orders suggested an economic recovery was picking up steam.
The dollar fell against the euro on Thursday, extending losses a day after a weak U.S. housing report, as investors sought to lock in gains on the greenback's recent rally.
London Metal Exchange Rates
Cash Buyer
| Product | 17-Dec | 24-Dec | Change | % |
| Zinc | 2360 | 2490 | 131 | 6% |
| Nickel | 17000 | 18630 | 1630 | 10% |
| Tin | 15640 | 16140 | 500 | 3% |
| Aluminium | 2214 | 2200 | -14 | -1% |
| Copper | 6900 | 7069 | 169 | 2% |
Change is on December 24th as compared to December 17th 2009
In USD per tonne
1. Zinc
London Metal Exchange Rates
Cash Buyer
| 17-Dec | 21-Dec | 22-Dec | 23-Dec | 24-Dec |
| 2360 | 2408 | 2386 | 2440 | 2490 |
In USD per tonne
| Date | Rate | Period | Change |
| 24-Dec | 2490 | | |
| 17-Dec | 2360 | WoW | 5.53% |
| 24-Nov | 2221 | MoM | 12.14% |
| 24-Sep | 1889 | QoQ | 31.82% |
| 24-Dec'08 | 1130 | YoY | 120.35% |
In USD per tonne
2. Nickel
London Metal Exchange Rates
Cash Buyer
| 17-Dec | 21-Dec | 22-Dec | 23-Dec | 24-Dec |
| 17000 | 17510 | 17675 | 17950 | 18630 |
In USD per tonne
| Date | Rate | Period | Change |
| 24-Dec | 18630 | | |
| 17-Dec | 17000 | WoW | 9.59% |
| 24-Nov | 16605 | MoM | 12.20% |
| 24-Sep | 17600 | QoQ | 5.85% |
| 24-Dec'08 | 9965 | YoY | 86.95% |
In USD per tonne
3. Tin
London Metal Exchange Rates
Cash Buyer
| 17-Dec | 21-Dec | 22-Dec | 23-Dec | 24-Dec |
| 15640 | 15870 | 15775 | 15775 | 16140 |
In USD per tonne
| Date | Rate | Period | Change |
| 24-Dec | 16140 | | |
| 17-Dec | 15640 | WoW | 3.20% |
| 24-Nov | 14955 | MoM | 7.92% |
| 24-Sep | 15145 | QoQ | 6.57% |
| 24-Dec'08 | 10500 | YoY | 53.71% |
In USD per tonne
4. Aluminium
London Metal Exchange Rates
Cash Buyer
| 17-Dec | 21-Dec | 22-Dec | 23-Dec | 24-Dec |
| 2214 | 2230 | 2200 | 2212 | 2200 |
In USD per tonne
| Date | Rate | Period | Change |
| 24-Dec | 2200 | | |
| 17-Dec | 2214 | WoW | -0.63% |
| 24-Nov | 1995 | MoM | 10.30% |
| 24-Sep | 1835 | QoQ | 19.89% |
| 24-Dec'08 | 1476 | YoY | 49.05% |
In USD per tonne
5. Copper
London Metal Exchange Rates
Cash Buyer
| 17-Dec | 21-Dec | 22-Dec | 23-Dec | 24-Dec |
| 6900 | 6875 | 6855 | 6900 | 7069 |
In USD per tonne
| Date | Rate | Period | Change |
| 24-Dec | 7069 | | |
| 17-Dec | 6900 | WoW | 2.45% |
| 24-Nov | 6865 | MoM | 2.98% |
| 24-Sep | 6089 | QoQ | 16.09% |
| 24-Dec'08 | 2910 | YoY | 142.96% |
In USD per tonne
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