Copper Pares Gains on Speculation of Higher Rates

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.

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