The metals complex continues to carry positive momentum, even as rising geopolitical tensions trigger a modest correction in global equity markets after the Dow Jones Industrial Average closed in lower for a third consecutive day. Sabre rattling between Pyongyang and Washington continues after North Korean state media reported authorities are working on plans to fire four missiles near the US territory of Guam, which will be ready by mid-August.

Rising tensions in the Korean Peninsula have so far failed to dent positive sentiment in the base metals complex, with the industrial metals consolidating the strong gains they have recorded so far this week.

Base metals traded on the London Metal Exchange are under slight downward pressure this morning, in part due to the release of disappointing Chinese trade data for July. While nickel (-0.8%) performs the worst, aluminium (+0.1%) is the only base metal in positive territory. Volume has been average with 7,613 lots traded as of 05:47 BST.

Base metals traded on the London Metal Exchange are under slight downward pressure at the start of the week in spite of some dollar weakness and solid global risk appetite. The only exception is aluminium, up about 1%, reflecting positive micro dynamics. Volume has been high, with 12,760 lots traded as of 04:35 BST.

Base metals traded on the London Metal Exchange are firmer across the board, with prices up by an average of 0.3% this morning, Friday August 4. Zinc prices are once again leading the advance with a 0.9% gain to $2,819 per tonne, while the rest are up between 0.1% and 0.4%, with copper prices up 0.4% at $6,370 per tonne. Volume has been average with 6,497 lots traded as of 07:01 BST.

Base metals prices on the London Metal Exchange are on divergent paths this morning, Thursday August 3, with zinc prices up 0.6%, lead prices up 0.3%, aluminium is unchanged, while nickel leads on the downside with a 0.3% fall, tin prices are off 0.2% and copper prices are down 0.1% at $6,345 per tonne. Volume has been high with 9,666 lots traded as of 07:09 BST.

Base metals prices on the London Metal Exchange are for the most part weaker this morning, Wednesday August 2. Aluminium is the exception, its prices are up 0.7% at $1,923 per tonne, while the rest are off by an average of 0.2%, with zinc prices off 0.5% and copper prices off 0.3% at $6,328 per tonne. Volume has been high at 12,379 lots as of 07:15 BST – this may be due to it being option declaration this morning.

Base metals prices on the London Metal Exchange are broadly weaker this morning, Tuesday August 1, with losses averaging 0.4%. Copper and aluminium are little changed, with three-month copper prices at $6,378 per tonne, while the rest are down between 0.4% and 0.6%.

Base metals traded on the London Metal Exchange are looking stronger this morning, Monday July 31, with gains across the complex. Prices are up by an average of 0.6%; zinc leads the advance with a 1% rally to $2,813 per tonne, tin and copper follow with 0.7% gains, with the latter at $6,388 per tonne, it having once again been up as high as $6,400.

Base metals are consolidating recent gains with prices off by 0.4% on average this morning, Friday July 28. Tin leads the decline with a 0.7% price fall to $20,565 per tonne, followed by copper prices that are off 0.6% at $6,284 per tonne and nickel prices that are down 0.5%, while the rest are off around 0.2%.