Base metals apart from zinc advanced on positive data from the US real estate market. US building permits reached four-year high in July. Moreover, eased worries over the Eurozone's crisis and hopes for easing in China supported the industrial metal's pack.
Aluminum rebounded on optimism over the Eurozone as Spanish banks will soon be bailed out. Moreover, Angela Merkel pledged to put any efforts necessary to save the single currency.
Copper rose by 0.86% amid speculation that the central banks of China and Eurozone will implement additional stimulus measures. Inspiring data releases from the US also spurred the red metal's price.
Nickel was the top gainer on hopes for stronger China's demand amid speculation that PBOC will loosen its monetary policy.
Zinc was the only loser amid weak spot market activity. Meanwhile, upbeat US data provided slight support for the metal.