Base metal prices shine amid U.S. dollar weakness

Newswire

By Zach Howard NEW YORK, Dec 18 (Reuters) - A plunging dollar has buoyed base metals prices amid a global economic recovery, and analysts said on Thursday they saw metals markets remaining in vogue heading into 2004. As commodities priced in U.S. dollars become cheaper to buy overseas, copper, nickel and tin have soared in price to multiyear peaks this week. In addition, near-insatiable demand in Asia and tightening supplies are lending support to prices. "You are seeing commodity ...

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