Copper Rallies From Seven-Week Low

Base Metals Investing

Reuters reported that copper bounced back on Friday from a seven-week low, buoyed by better-than-expected U.S. economic growth data.

Reuters reported that copper bounced back on Friday from a seven-week low, buoyed by better-than-expected U.S. economic growth data.

As quoted in the market report:

Benchmark copper on the London Metal Exchange (LME) was at $7,835 by GMT, up 0.3 percent from Thursday’s close of $7,815 a metrc tonne and up from a 7-week low of $7,756.25 earlier in the session.

To view the whole Reuters report, click here.

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