Base Metals

Bloomberg reported that copper continued to gain on Thursday, pushed along by economic optimism coming from China.

Bloomberg reported that copper continued to gain on Thursday, pushed along by economic optimism coming from China.

As quoted in the market report:

A purchasing managers’ index climbed to 56.1 in December, China’s statistics bureau and its logistics federation said. Copper advanced the most since September yesterday after lawmakers in the U.S., the second-largest copper user, passed a bill to avoid tax increases and spending cuts. Lead reached the highest price in 16 months today.

To view the whole Bloomberg report, click here.

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TSX21818.47+47.25
TSXV853.94+2.45
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COMMODITIES

Commodities
Gold1921.49-22.21
Silver24.96-0.42
Copper4.72+0.01
Palladium2495.88-75.12
Platinum1027.61+1.62
Oil105.10+2.12
Heating Oil3.39+0.10
Natural Gas4.91-0.09

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