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MARKET TALK: LME Base Metals Up Tad, Gold Gains Give Lift

Monday, Mar 12, 2007
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LME base metals mostly tad higher in thin volumes as sentiment towards commodities strengthened by spot gold's recovery from morning lows, says Tokyo-based trader at international house. Adds, buying interest from Japanese market dampened by weaker yen. LME 3-month copper at $6,170/ton +$40 on London PM kerb; aluminum gives up gains, down $7 at $2,710; zinc +$31 at $3,290. Spot gold at $652.05/oz, up from low of $648.85, up $1.85 cents on NY Friday close.

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