- AustraliaNorth AmericaWorld
Investing News NetworkYour trusted source for investing success
- Lithium Outlook
- Oil and Gas Outlook
- Gold Outlook Report
- Uranium Outlook
- Rare Earths Outlook
- All Outlook Reports
- Top Generative AI Stocks
- Top EV Stocks
- Biggest AI Companies
- Biggest Blockchain Stocks
- Biggest Cryptocurrency-mining Stocks
- Biggest Cybersecurity Companies
- Biggest Robotics Companies
- Biggest Social Media Companies
- Biggest Technology ETFs
- Artificial Intellgience ETFs
- Robotics ETFs
- Canadian Cryptocurrency ETFs
- Artificial Intelligence Outlook
- EV Outlook
- Cleantech Outlook
- Crypto Outlook
- Tech Outlook
- All Market Outlook Reports
- Cannabis Weekly Round-Up
- Top Alzheimer's Treatment Stocks
- Top Biotech Stocks
- Top Plant-based Food Stocks
- Biggest Cannabis Stocks
- Biggest Pharma Stocks
- Longevity Stocks to Watch
- Psychedelics Stocks to Watch
- Top Cobalt Stocks
- Small Biotech ETFs to Watch
- Top Life Science ETFs
- Biggest Pharmaceutical ETFs
- Life Science Outlook
- Biotech Outlook
- Cannabis Outlook
- Pharma Outlook
- Psychedelics Outlook
- All Market Outlook Reports
Copper Likely to Trade as High as $11,000 Before Year End
Mineweb reports an interview with Tom Kendall who says copper is likely to rise to $11,000 a metric ton before the end of 2011.
Mineweb reports an interview with Tom Kendall who says copper is likely to rise to $11,000 a metric ton before the end of 2011.
Tom Kendall says,
Copper actually has been trading very well since the end of June where we saw, for the first time in about six weeks or so, some reasonable size institutional money coming back into the copper market. Around that time we also saw Shanghai prices looking relatively expensive compared to LME so we saw a brief period where Chinese buyers came back into the market and that gave us a lift up from where we were trading then – about $9,000 to the $9,500 – $9,600 sort of area where we’ve been since.
Outlook Reports
Featured Base Metals Investing Stocks
Browse Companies
MARKETS
COMMODITIES
Commodities | |||
---|---|---|---|
Gold | 2390.86 | +0.85 | |
Silver | 28.67 | +0.01 | |
Copper | 4.52 | +0.05 | |
Oil | 83.24 | +0.51 | |
Heating Oil | 2.55 | +0.01 | |
Natural Gas | 1.76 | 0.00 |
Investing News Network websites or approved third-party tools use cookies. Please refer to the cookie policy for collected data, privacy and GDPR compliance. By continuing to browse the site, you agree to our use of cookies.Â