Crude oil declines over 2%, mixed metals performance
after close1 source ↓written by the desknot a recommendation
- LME zinc fell
- 1.68%
- and silver rose
- 1.23%
- 1.44%
- 1.7%
- LME nickel rose
- 0.49%
Crude oil prices dropped over 2% overnight, impacting market sentiment. In the metals sector, LME zinc fell 1.68%, while SHFE gold and silver rose 1.23% and 1.44%, respectively. Iron ore led gains in ferrous metals, up 1.7%, indicating mixed performance across commodities.
• LME nickel rose 0.49%
• SHFE tin increased 0.99%
• SHFE aluminum remained flat at 22,485 yuan/mt
The mixed results may influence trading strategies in the commodities market.
Not investment advice. For informational purposes only.