Bloomberg reported that copper fell on Friday, under downward pressure from a U.S. jobs report that beat expectations.
As quoted in the market report:
The metal for delivery in three months fell 0.9 percent to $8,092.25 a metric ton by 1:32 p.m. in London, after earlier today falling as much as 1.3 percent.
Is the “looming copper supply crunch” fact or fiction? It’s time to debunk a few industry myths.
Learn everything an investor needs to know about copper supplies and demands. Click below for a FREE industry report on copper investing.