Base metals closed down an average of 0.8 percent yesterday, October 20 led by a 1.8 percent decline in three-month nickel prices to $10,125 per tonne, zinc prices were down 1.3 percent, copper closed off 0.4 percent at $4,652 per tonne, while lead was the only metal to buck the trend with prices climbing 0.7 percent to $2,021 per tonne. There was reported heavy CTA-fund liquidation around. Precious metals were down across the board with a 0.7 percent average decline, spot gold prices closed off 0.3 percent at $1,266 per oz. Read more at fastmarkets.com
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