Copper Gains to Record, Heading for $10,000 on Demand Recovery

- February 3rd, 2011

Bloomberg reports Copper advanced to records in London and New York as manufacturing improved from China to the U.S.

Bloomberg reports Copper advanced to records in London and New York as manufacturing improved from China to the U.S.

The market news is quoted as saying:

Three-month delivery copper added as much as 0.5 percent to $9,993 a metric ton on the London Metal Exchange and traded at $9,964.75 at 12:28 p.m. Tokyo time. Copper for March delivery rose as much as 0.8 percent to $4.58 a pound on the Comex in New York before trading at $4.5505.

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