On Friday, most base metal prices remained under pressure despite reports of somewhat less jittery market conditions and a slightly stronger Euro. In London, LME 3-mo. copper reportedly last traded at $6,967.50/mt ($3.16/lb.) while LME 3-mo. aluminum and nickel prices softened to $1,882/mt (85 cents/lb.) and $15,177/mt ($6.88/lb.), respectively. In New York, other major commodities didn’t fare as badly today as NYMEX crude oil futures firmed to $88/bbl while gold futures rose to over $1,400/to after a turbulent start to the week. On Wall Street, the Dow Industrials eked out a .07% gain today but ended the week in negative territory as slower than expected growth in China, uneven economic data in the U.S., and shifting risk appetites were widely cited as sources of weakness for U.S. equities this week…
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