Aluminium slips on firmer US dollar, but heads for biggest weekly gain in a month
From brecorder.com
Aluminium fell on Friday, as a stronger dollar and mounting concerns over a potential economic recession after dimming hopes of a quick end to the Iran war outweighed supply fears that kept prices of the metal on track for a weekly gain. The most-traded aluminium on the Shanghai Futures Exchange was down 0.66% at 24,690 yuan ($3,586.94) per metric ton, as of 0152 GMT. It has risen 3.2% so far this week, the biggest weekly gain in a month. The London Metal Exchange (LME) will be closed on Friday and on Monday for the Easter holiday. The dollar strengthened after US President Donald Trump’s speech on Iran undermined ...
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