Copper Price Steady, but Down From One-Month High

Base Metals Investing

Reuters reported that copper prices steadied on Wednesday after falling from a one-month high earlier in the trading session. Encouraging US data and BHP’s decision to hold off on big projects helped boost prices.

Reuters reported that copper prices steadied on Wednesday after falling from a one-month high earlier in the trading session. Encouraging US data and BHP’s decision to hold off on big projects helped boost prices.

As quoted in the market news:

Three-month copper on the London Metal Exchange, ended at $7,605 a tonne, almost flat from Tuesday’s close of $7,610, having earlier hit a one-month high at $7,648 a tonne.

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