Copper Dropped 2.2 Percent to $3.387 Per Pound

Bloomberg reported that copper dropped 2.2 percent to $3.387 per pound on concern over Europe’s debt crisis.

As quoted in the market news:

Copper futures for July delivery declined 2.2 percent to $3.387 a pound on the Comex in New York, after touching $3.383, the lowest since Jan. 9. Before today, prices fell 9.6 percent in May.

Click here to read the full Bloomberg report.