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Reuters reported Thursday that copper was steady, though other metals sank under the weight of a strong dollar after better-than-expected US growth data and a European Central Bank rate cut.
Reuters reported Thursday that copper was steady, though other metals sank under the weight of a strong dollar after better-than-expected US growth data and a European Central Bank rate cut.
Three-month copper on the London Metal Exchange failed to trade during closing open outcry activity and was last bid at $7,145 a tonne, up 0.4 percent.
Other metals fared worse. Tin touched the lowest in nearly eight weeks, while zinc, lead and nickel hit the weakest in three weeks.
