 "stock markets")
The London Metal Exchange (LME) was forced to halt trading in nickel and said it would cancel trades as prices doubled to more than $100,000 per tonne on Tuesday, a surge sources blamed on short covering by one of the world’s top producers.
Also, the price of gold in international market shot up more than 3 per cent and the bullion was trading at $2,062.71 an ounce at 8.40 pm IST.
The trading shutdown after Western sanctions threatened supply from major producer Russia is the biggest crisis to hit the 145-year-old exchange in decades.
In the 1990s a rogue Sumitomo
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