Copper Rose 1.3 Percent as China May Alter its Credit Policy

Bloomberg reported that copper inched up 1.3 percent on hopes that China may alter its credit policy as growth slows.

As quoted in the market news:

Copper for March delivery gained 1.3 percent to $3.81 a pound by 11:45 a.m. on the Comex in New York. Prices reached $3.8215, the highest level since Sept. 20.

Click here to read the full Bloomberg report.