The base metals prices rose on Friday (October 26) after US data showed economic growth picked up in the third quarter, quashing pessimism on state of global economy and boosting demand prospects for industrial metals. The benchmark copper on the London Metal Exchange (LIVE) was at $7,835 per tonne. Aluminium, lead, zinc and nickel also rose from a 1 -1/2 month low hit previously while tin hovered around its lowest level since early September. The US economic growth picked up in the third quarter as a late burst in consumer spending offset the first cutbacks in investment in more than a year by cautious businesses.
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