Copper Rebounds From Five-Month Low in N.Y. After U.S. Jobs Data

- May 6th, 2011

Bloomberg reports that Copper rose from a five-month low in New York.

Bloomberg reports that Copper rose from a five-month low in New York.

The market news is quoted as saying:

Copper futures for July delivery rose 4.15 cents, or 1 percent, to $4.0395 a pound at 11:27 a.m. on the Comex in New York. The price earlier fell to $3.928, the lowest since Dec. 1. Before today, the commodity dropped 14 percent since reaching a record $4.6575 on Feb. 15.

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