Copper Dips on Disappointing U.S. Growth Data

Base Metals Investing

Reuters reported that copper dipped after two days of gains, falling nearly 2 percent on Friday, pushed down by disappointing economic growth data from the U.S. that missed analyst forecasts.

As quoted in the market report:

Reuters reported that copper dipped after two days of gains, falling nearly 2 percent on Friday, pushed down by disappointing economic growth data from the U.S. that missed analyst forecasts.

As quoted in the market report:

Three-month copper on the London Metal Exchange ended down at $7,030 a tonne, after earlier reaching $7,258 a tonne, its highest since April 17.

To view the whole Reuters report, click here.

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