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.
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Commodities | |||
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Gold | 1862.36 | -0.92 | |
Silver | 22.62 | -0.01 | |
Copper | 4.33 | +0.06 | |
Palladium | 2244.50 | +42.50 | |
Platinum | 941.00 | +4.00 | |
Oil | 104.89 | -0.28 | |
Heating Oil | 4.21 | +0.01 | |
Natural Gas | 7.70 | +0.23 |
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