Base Metals

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.

MARKETS

Markets
TSX20179.81+187.93
TSXV680.49+7.47
DOW33761.05+424.38
S&P 5004280.15+72.88
NASD13047.19+267.27
ASX7032.50-38.50

COMMODITIES

Commodities
Gold1801.89+0.36
Silver20.82+0.02
Copper3.68-0.03
Palladium2224.19+14.20
Platinum965.47+2.48
Oil91.88-2.46
Heating Oil3.51+0.03
Natural Gas8.78-0.09

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