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Copper, Nickel Advance on Optimism Greece Set to Avoid Sovereign Default
Jun. 28, 2011 08:52AM PST
Base Metals Investing Bloomberg reports that copper prices are up as investors are optimistic that Greece won’t default.
Bloomberg reports that copper prices are up as investors are optimistic that Greece won’t default.
The market news is quoted as saying,
Three-month copper on the London Metal Exchange climbed as much as 0.6 percent to $9,020 a metric ton, and was at $8,984 at 2:54 p.m. in Singapore, while nickel gained as much as 0.9 percent to $22,390 a ton.