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Copper Rises After Bernanke Predicts Economic Growth Will Resume
Aug. 26, 2011 01:40PM PST
Base Metals Investing Bloomberg reports that Copper climbed as investors took assurance from Federal Reserve Chairman Ben S. Bernanke’s prediction that growth will resume in the U.S.
Bloomberg reports that Copper climbed as investors took assurance from Federal Reserve Chairman Ben S. Bernanke’s prediction that growth will resume in the U.S.
The market news is quoted as saying:
Copper futures for December delivery rose 1.95 cent, or 0.5 percent, to close at $4.1175 a pound at 1:16 p.m. on the Comex in New York.