Most base metals contracts were up on the LME today,as doubts over whether the US Federal Reserve will hike interest rate again this year continue.If the US Fed does not hike the interest rate, the dollar may come under pressure, which is likely to support dollar-denominated base metals. The US dollar index has been weak for the last few days and is driving the prices of metals at higher levels.
Source : Newswire
More will update soon!!
