Tuesday, July 24, 2007

Metals supported by weaker dollar, nickel sheds 3 pct

(Reuters) - Industrial metals were steady on Tuesday with the market supported by a softer dollar, while nickel shed more than 3 percent on weakening demand.

London Metal Exchange copper, usually seen as a gauge of the economy, was up $19 at 8,049/8,050 a tonne during the official open outcry session and was last quoted at $8,065 in the electronic trade.


Read more at Reuters Africa

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