Lead Gained 2.2%

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Mon, Sep 8, 2008
Lead Market News
Post by Melissa Pistilli, Lead Senior Reporter

The weakened US dollar after a rise in crude oil steadied the London Metal Exchange and saw buyers bringing up base metal futures on the Multi Commodity Exchange.

Copper inventories fell by 50 tons, while aluminium stockpiles declined by 1,525 tons, traders said. Meanwhile, lead gained 2.2 per cent to 1,845 US dollar a tonne at London Metal Exchange

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