Copper Draws Strength from Global Manufacturing Data

The Wall Street Journal reported that despite weaker home sales in the U.S., copper grabbed on to cues  of stronger global manufacturing data, edging slightly higher on Friday.

According to the market news:

Copper for September delivery, the most active contract, was recently up 0.85 cent, or 0.3%, at $3.3385 a pound on the Comex division of the New York Mercantile Exchange.

Click her to read the full report.