Wednesday, May 9, 2007

Nickel Falls in London, Erasing Earlier Gain; Copper and Zinc Also Decline

(Bloomberg) -- Nickel fell in London, erasing earlier gains that took the metal to a record. Copper and zinc also declined.

Nickel for delivery in three months on the London Metal Exchange slipped $300, or 0.6 percent, to $50,700 a metric ton as of 1:36 p.m. local time. Earlier, it rose as much as $800 to $51,800, beating the previous record set on May 5 by $175.


Read more at Bloomberg Commodities News

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