Base Metals

Bloomberg reported that copper dropped 0.3 percent on concern over Europe’s worsening debt crisis.

Bloomberg reported that copper dropped 0.3 percent on concern over Europe’s worsening debt crisis.

As quoted in the market news:

Copper futures for May delivery fell 0.3 percent to settle at $3.6395 a pound at 1:14 p.m. on the Comex in New York, after reaching $3.6305, the lowest since Jan. 17. The metal has dropped 4.1 percent this week, the biggest three-session slump in a month.

Click here to read the full Bloomberg report.

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Commodities
Gold1846.53+0.13
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Copper4.30+0.02
Palladium1968.65+11.53
Platinum957.67+3.19
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Heating Oil3.62-0.05
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