Crude oil rises as metals decline; copper and zinc drop
pre-market1 source ↓written by the desknot a recommendation
Overnight, crude oil prices continued to rise while most metals faced declines. LME copper fell 1.45% and LME zinc dropped 1.05%. In contrast, SHFE nickel rose 1.7%. Precious metals also declined, with COMEX gold down 1.79% and silver falling 2.59%. This shift may influence trading strategies in the metals sector.
Not investment advice. For informational purposes only.