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    copper investing

    Copper Recovers Late After Berlusconi Resignation

    Investing News Network
    Nov. 08, 2011 04:50PM PST
    Base Metals Investing

    Reuters reported that copper surged tracking a recovery in the euro versus the dollar, after the news of Prime Minister Silvio Berlusconi’s resignation broke out.

    Reuters reported that copper surged tracking a recovery in the euro versus the dollar, after the news of Prime Minister Silvio Berlusconi’s resignation broke out.

    As quoted in the market news:

    In New York, the key December COMEX contract shed 0.25 cent to settle at $3.5330 per lb, near the bottom of its $3.5055 to $3.59 session range. It ushed above $3.54 in after hours trade.

    Click here to read the full Reuters report

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