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Copper Declines as Investors Await European Bailout Details
Oct. 31, 2011 03:13PM PST
Base Metals Investing Bloomberg reported that copper prices fell while investors continued to wait for information on the European bailout.
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.
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