Base Metals

Bloomberg reported that copper plunged the most in a month after President Barack Obama and Federal Reserve Chairman Ben Bernanke were unable to bolster investor confidence in the economy.

Bloomberg reported that copper plunged the most in a month after President Barack Obama and Federal Reserve Chairman Ben Bernanke were unable to bolster investor confidence in the economy.

The market news is quoted as saying:

Copper futures for December delivery declined 14.1 cents, or 3.4 percent, to close at $4.0025 a pound at 1 p.m. on the Comex in New York, the biggest loss since Aug. 8.

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MARKETS

Markets
TSX20111.51+121.15
TSXV599.81+5.12
DOW33747.86+32.49
S&P 5003992.93+36.56
NASD11323.33+209.18
ASX7158.00+194.00

COMMODITIES

Commodities
Gold1765.01+1.46
Silver21.74+0.14
Copper3.910.00
Palladium2035.74+11.74
Platinum1025.72-3.28
Oil88.91-0.05
Heating Oil3.50+0.05
Natural Gas6.13+0.25

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