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copper record high

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    LONDON METAL EXCHANGE

    Investment money pouring into commodities boosted industrial metals overnight, with copper rallying 2.6 per cent towards its all-time high.

    Nickel soared almost eight per cent to its highest level in more than three-months, while zinc gained around five per cent and tin set a fresh record high.

    Copper for three-months delivery on the London Metal Exchange touched $8,661 per tonne, its highest since May 2006 and closed at $8,579 per tonne, compared to its close of $8,445 on Friday.

 
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