Nickel Pulls Back from 19-Month Peak as Base Metals Rally Pauses
Nickel prices surged to their highest level in 19 months before falling back on January 6-7, 2026. Traders pushed nickel futures close to $18,800 per ton, the strongest jump in years. This rise was part of a broader rally across base metals like copper and aluminum. But the rally has paused, and prices are easing…