Base Metals

Bloomberg reported that, according to analysts, copper may rally to $8,765 a metric ton over the next three months.

Bloomberg reported that, according to analysts, copper may rally to $8,765 a metric ton over the next three months.

As quoted in the market report:

A move above $8,162 would probably lead to an advance to the high from the third quarter of last year at $8,422 over the coming month and then potentially to the high of 2012 at $8,765 on a three-month horizon, he said.

To view the whole Bloomberg report, click here.

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TSX20692.22-69.78
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Gold1862.36-0.92
Silver22.62-0.01
Copper4.33+0.06
Palladium2244.50+42.50
Platinum941.00+4.00
Oil104.89-0.28
Heating Oil4.21+0.01
Natural Gas7.70+0.23

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