(Reuters) - Nickel fell to a nine-month low on Friday as weak demand from the stainless steel sector prompted investors to cut their positions, while lead was up almost 3 percent after a strike in Namibia prompted speculative buying.
The market stabilised after a sell-off earlier in the week triggered by risk reduction but analysts said prices were driven by fund interest during a stagnant holiday season rather than supply and demand fundamentals.
Read more at Reuters Africa
The market stabilised after a sell-off earlier in the week triggered by risk reduction but analysts said prices were driven by fund interest during a stagnant holiday season rather than supply and demand fundamentals.
Read more at Reuters Africa
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