LME Base Metals Finish Up Friday

Posted by: : Paul EbelingPosted on: February 14, 2015 LME Base Metals Finish Up Friday
 

LME Base Metals Finish Up Friday

LME base metals prices saw a small rebound during official trading on Friday, 13 February , as a weaker USD, and hope of a deal for Greece boosted sentiment.

After a short-covering rally during kerb trading Thursday, tin prices settled comfortably above $18,000/tonne, at a 3-month mark of $18,275/300/ tonne, compared with $17,900/25 prior.

Tin lit up on the LME after several days of steep declines. The weaker Buck helped lift commodities overall, as did growing optimism about a possible Greek deal that may be in the offing.

Gold, Silver, And Industrial Metals Prices

Commodity Units Price Change % Change Contract Time(EST)
COMEX Gold USD/t oz. 1,227.10 0.00 0.00% Apr 15 17:15:00
TOCOM Gold JPY/g 4,682.00 +2.00 +0.04% Dec 15 13:59:58
Gold Spot USD/t oz. 1,229.76 +7.78 +0.64% N/A 16:59:59
Euro Spot EUR/t oz. 1,079.01 +7.44 +0.69% N/A 16:59:52
British Pound Spot GBP/t oz. 798.82 +4.50 +0.57% N/A 16:59:59
Japanese Yen Spot JPY/t oz. 146,083.56 +529.25 +0.36% N/A 16:59:26
Indian Rupee Spot INR/t oz. 76,361.88 +404.87 +0.53% N/A 16:54:50
Commodity Units Price Change % Change Contract Time(EST)
COMEX Silver USD/t oz. 17.29 0.00 0.00% Mar 15 17:14:59
TOCOM Silver JPY/g 66.30 +1.50 +2.31% Dec 15 12:40:51
US Dollar Spot USD/t oz. 17.36 +0.51 +3.02% N/A 16:59:56
Euro Spot EUR/t oz. 15.24 +0.46 +3.11% N/A 16:59:56
British Pound Spot GBP/t oz. 11.29 +0.33 +3.02% N/A 16:59:59
Japanese Yen Spot JPY/t oz. 2,062.14 +54.94 +2.74% N/A 16:59:56
Indian Rupee Spot INR/t oz. 1,078.05 +30.45 +2.91% N/A 16:59:02
Commodity Units Price Change % Change Contract Time(EST)
Platinum Spot USD/t oz. 1,207.63 +9.00 +0.75% N/A 16:58:05
Palladium Spot USD/t oz. 791.45 +16.70 +2.16% N/A 16:58:35
Commodity Units Price Change % Change Contract Time(EST)
COMEX Copper USd/lb. 260.50 0.00 0.00% Mar 15 17:14:54
LME 3 Month Copper USD/MT 5,735.00 -5.00 -0.09% 2015 05 13 02/13/2015
LME 3 Month Aluminum USD/MT 1,836.50 -5.00 -0.27% 2015 05 13 02/13/2015
LME 3 Month Zinc USD/MT 2,151.00 +5.00 +0.23% 2015 05 13 02/13/2015
LME 3 Month Tin USD/MT 18,275.00 +275.00 +1.53% 2015 05 13 02/13/2015

Metals commodities trade on different exchanges with different trading sessions, change always shows from the prior closing price.

Have a terrific weekend.

HeffX-LTN

Paul Ebeling

 

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Paul Ebeling

Pattern Recognition Analyst, equities, commodities, forex
Paul Ebeling is best known for his work as writer and publisher of “The Red Roadmaster’s Technical Report” on the US Major Market Indices™, a highly-regarded, weekly financial market letter, where he enjoys an international audience among opinion makers, business leaders, and respected organizations. Something of a pioneer in online stock market and commodities discussion and analysis, Ebeling has been online since 1994. He has studied and worked in the global financial and stock markets since 1984.

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