The Associated Press reported that copper prices surged 2.2% after China’s central bank announced an unexpected increase in loans in March.
The Associated Press reported that copper prices surged 2.2% after China’s central bank announced an unexpected increase in loans in March.
As quoted in the market news:
Copper for May delivery rose 8.1 cents to end at $3.7205 per pound. The gain snapped a three-day losing streak but the price remains well below the high for the year of $3.98 per pound it reached Feb. 9.
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| Commodities | |||
|---|---|---|---|
| Gold | 1852.56 | +19.18 | |
| Silver | 21.57 | +0.31 | |
| Copper | 4.21 | +0.06 | |
| Palladium | 2034.00 | -3.00 | |
| Platinum | 999.00 | +36.00 | |
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| Heating Oil | 3.76 | +0.08 | |
| Natural Gas | 7.62 | +0.23 | |
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