Copper Outperforms Other Metals as Dollar Gains

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.

Click here for the full Reuters story