Copper Drops on EU Downgrade Speculation

Base Metals Investing

Reuters reported that copper dropped over concern that Standard & Poor may downgrade a number of European Union countries.

As quoted in the market news:

Three-month copper on the London Metal Exchange was untraded at the close, but bid at $8,000 a tonne from a close of $8,005 on Thursday.

Click here to read the full Reuters report.

european union london Copper Investing

Markets
TSX	22062.49	-49.97
TSXV	582.99	-1.89
DOW	38811.36	-315.78
S&P 500	5187.08	-24.41
NASD	16227.19	-50.27
ASX	7782.50	-105.40

Markets

TSX

22062.49

-49.97

TSXV

582.99

-1.89

DOW

38811.36

-315.78

S&P 500

5187.08

-24.41

NASD

16227.19

-50.27

ASX

7782.50

-105.40

Commodities
Gold	2298.91	+1.25
Silver	27.21	+0.14
Copper	4.22	+0.03
Oil	87.13	+1.70
Heating Oil	2.76	+0.03
Natural Gas	1.78	-0.06

Commodities

Gold

2298.91

+1.25

Silver

27.21

+0.14

Copper

4.22

+0.03

Oil

87.13

+1.70

Heating Oil

2.76

+0.03

Natural Gas

1.78

-0.06

Copper Drops on EU Downgrade Speculation

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