Precious metals under pressure

While the Aussie mining sector ended strongly yesterday, the lead from global markets overnight is likely to weigh on local investors, and the S&P Futures Index was off one point this morning to support that fact.

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Most metals struggled overnight, with lead the best performer, up 0.5% to hit US$2018 per tonne. While it has underperformed this there, thre are some signs of buying support in the market.

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