Copper Has Biggest Weekly Drop

Base Metals Investing

Bloomberg reports that Copper fell in London, capping the biggest weekly loss in three months.

Bloomberg reports that Copper fell in London, capping the biggest weekly loss in three months.

The market news is quoted as saying:

China ordered banks to set aside larger reserves for the second time in two weeks, draining cash from the financial system to limit inflation. The requirement will increase 50 basis points starting Nov. 29, the central bank said on its website today.

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