Copper Slides From Three-Month High

Base Metals Investing

Bloomberg reports that Copper dropped from a three-month high after home sales declined in the U.S.

Bloomberg reports that Copper dropped from a three-month high after home sales declined in the U.S.

The market news is quoted as saying:

Copper futures for September delivery fell 2.85 cents, or 0.6 percent, to $4.4395 a pound at 11:58 a.m. on the Comex in New York. Yesterday, the price touched $4.496, the highest since April 11.

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