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Copper Advances for Second Day as European Debt Concerns Ease
Jan. 12, 2011 02:33PM PST
Base Metals Investing Businessweek reports that Copper in London climbed for a second day after Japan joined China in buying euro-area bonds.
Businessweek reports that Copper in London climbed for a second day after Japan joined China in buying euro-area bonds.
The market news is quoted as saying:
Copper for three-month delivery on the London Metal Exchange gained as much as 0.9 percent to $9,594 a metric ton, and traded at $9,557 at 3:35 p.m. in Singapore. The metal, which reached a record $9,754 on Jan. 4, advanced 2 percent yesterday, the most since Dec. 13.
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