Aluminium, nickel post losses as other base metals log gains

25.11.2022

Copper prices drifted higher on Thursday, buoyed by a weaker dollar, optimism that the pace of U.S. interest rate hikes will slow and further support for China’s troubled property sector.

Three-month copper on the London Metal Exchange (LME) gained 0.4% to $8,040 a tonne by 1045 GMT.

LME copper has shed about...