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Copper Falls as European Debt Crisis May Erode Metal Demand
May. 26, 2011 03:49PM PST
Base Metals Investing Bloomberg reports that Copper prices dropped for the first time in three days in London.
Bloomberg reports that Copper prices dropped for the first time in three days in London.
The market news is quoted as saying:
In New York, copper futures for July delivery rose 0.4 cent, or 0.1 percent, to close $4.111 a pound on the Comex. The price has gained 33 percent in the past 12 months.