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copper-investing

Copper Rises to Three-Week High

Investing News Network
Aug. 30, 2011 12:14PM PST
Base Metals Investing

Bloomberg reports that copper surged to a three-week high on speculation over U.S. economic growth.

Bloomberg reports that copper surged to a three-week high on speculation over U.S. economic growth.

The market news is quoted as saying:

Copper futures for December delivery rose 3.2 cents, or 0.8 percent, to close at $4.1415 a pound at 1:31 p.m. on the Comex in New York, after reaching $4.192, the highest for a most- active contract since Aug. 5.

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