Copper Down for First Time in Four Sessions

Bloomberg reported that hesitance from investors waiting on signs that central banks will act to bolster the economy caused copper to drop for the first time in four sessions.

As quoted in the market news:

Copper futures for September delivery declined 0.3 percent to settle at $3.416 a pound at 1:14 p.m. on the Comex in New York. The metal rose 2.2 percent in the previous three sessions in the longest rally since mid-June.

On the London Metal Exchange, copper for delivery in three months fell 0.3 percent to $7,545 a metric ton ($3.42 a pound).

Click here to read the full Bloomberg report.

Get the Latest Copper Investing Stock Information

Get the latest information about companies associated with Copper Investing delivered directly to your inbox.

Copper
Copper - Mine Development
Copper - Prospecting and Exploration
Copper - Resource Definition/Pre Feasibility
Copper - Resource Expansion/Feasibility Study/PEA
Copper- Production/Mining
Other Companies

By selecting company or companies above, you are giving consent to receive email from those companies. And remember you can unsubscribe at any time.

Comments

Leave a Reply