Copper Jumps 6 Percent on Strong U.S. Jobs Data

Base Metals Investing

Reuters reported that copper got a substantial push on Friday by stronger than expected U.S. job growth, pushing it up 6 percent. As quoted in the market report: Benchmark copper on the London Metal Exchange closed at $7,265 per tonne from a close of $6,848 on Thursday. It rose more than 6 percent, its biggest […]

Reuters reported that copper got a substantial push on Friday by stronger than expected U.S. job growth, pushing it up 6 percent.

As quoted in the market report:

Benchmark copper on the London Metal Exchange closed at $7,265 per tonne from a close of $6,848 on Thursday. It rose more than 6 percent, its biggest daily rise since late October 2011, to hit an intraday high of $7,289 per tonne.

To view the whole Reuters report, click here.

The Conversation (0)
×