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    copper-investing

    Copper Pares Gains on Speculation of Higher Rates

    Investing News Network
    Jun. 09, 2011 11:56AM PST
    Base Metals Investing

    Business Week reports that in London, Copper pared gains on speculation of higher interest rates.

    Business Week reports that in London, Copper pared gains on speculation of higher interest rates.

    The market news is quoted as saying:

    Copper prices will rise to a record $12,000 a metric ton by the end of the year as China’s imports rebound, said Nicholas Snowdon, an analyst at Barclays Capital in London.

    Click here to access the entire news

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    Copper Rises to $7,283 a Tonne Prior to Fed Announcement

    China’s Slowdown Weighs Heavy on Copper

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