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Copper Rises Most in One Month on EU Steps to Tame Debt Crisis
Nov. 28, 2011 11:40AM PST
Base Metals Investing
Bloomberg reported that copper surged the most in a month on hopes of a bail-out fund in Europe will put an end to the region’s debt crisis.
Bloomberg reported that copper surged the most in a month on hopes of a bail-out fund in Europe will put an end to the region’s debt crisis.
As quoted in the market news:
Copper futures for March delivery climbed 3.6 percent to $3.4035 a pound at 10:48 a.m. on the Comex in New York. A close at that price would mark the biggest gain for a most-active contract since Oct. 27.
