Copper Rises 1.7 Percent

- December 30th, 2011

Bloomberg reported that copper inched up on hopes that U.S. growth will increase the demand for copper as the economy slows in China.

Bloomberg reported that copper inched up on hopes that U.S. growth will increase the demand for copper as the economy slows in China.

As quoted in the market news:

Copper futures for March delivery climbed 1.7 percent to $3.426 a pound at 10:58 a.m. on the Comex in New York. Prices are down 26 percent from a record $4.6575 reached in February.

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