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    copper investing

    Copper Drops to $7,590 a Tonne

    Investing News Network
    Jul. 16, 2012 02:53PM PST
    Base Metals Investing

    Reuters reported that copper dropped to $7,590 a tonne due to decline in U.S. retail sales.

    Reuters reported that copper dropped to $7,590 a tonne due to decline in U.S. retail sales.

    As quoted in the market news:

    Three-month copper on the London Metal Exchange ended at $7,590 a tonne down from Friday’s close of $7,700. Prices had rallied 1.9 percent to a one-week high at $7,730 on Friday on relief over the Chinese growth data.

    Click here to read the full Reuters report.

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