Base Metals

Reuters reported that copper dropped more than 1 percent after poor Chinese manufacturing data lowered the metal’s demand prospects.

Reuters reported that copper dropped more than 1 percent after poor Chinese manufacturing data lowered the metal’s demand prospects.

As quoted in the market news:

In New York, the newly active March COMEX contract fell 4.15 cents to settle at $3.5340 per lb, closer to the bottom of its $3.5175 to $3.5995 session range.

Click here to read the full Reuters report.

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Markets
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COMMODITIES

Commodities
Gold1853.54+7.75
Silver21.86+0.07
Copper4.34+0.06
Palladium1996.50+29.50
Platinum959.50+0.50
Oil109.91-0.37
Heating Oil3.62-0.01
Natural Gas8.43+0.35

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