Gold Silver Reports (GSR) – Metal Index Drops Over 2.5% As Vedanta Drags – Metal stocks were facing selling pressure dragged by weakness in Hindustan Zinc, Jindal Steel and Vedanta.
Metal index
Metal Index Surges To Six-Week High Led By Hindalco, Vedanta
Gold Silver Reports (GSR) – Metal Index Surges To Six-Week High Led By Hindalco, Vedanta — S&P BSE Metal Index surged as much as 4.15 percent to a 6-week high, best performer among 19 sector gauges. Aluminum and nickel led a surge in metals prices amid turmoil unleashed by U.S. sanctions against United Co. Rusal.
Metal Stocks Gain After Aluminium, Copper Prices Rise On LME
Gold Silver Reports (GSR) – Metal Stocks Gain After Aluminium, Copper Prices Rise On LME – Shares of metal producers were trading higher led after copper and aluminium prices rose in international markets. Aluminium prices settled 5.49 percent higher on the London Metal Exchange. While, copper rose 2.1 percent in trade yesterday.