Copper Declines as Investors Await European Bailout Details

Oct. 31, 2011 03:13PM PST

Bloomberg reported that copper prices fell while investors continued to wait for information on the European bailout.

As quoted in the market news:

Copper for December delivery dropped 3.4 percent to $3.5815 a pound by 8:46 a.m. on the Comex in New York. Prices are up 14 percent in October, headed for a first gain in three months. Copper for three-month delivery fell 3.4 percent to $7,898 a metric ton on the London Metal Exchange.

Click here to read the full Bloomberg report.

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