Copper Up on Fed’s Low Rate Pledge

Base Metals Investing

Reuters Africa reports that Copper inched up after the U.S. Federal Reserve made a pledge to keep interest rates near zero for at least two years.

Reuters Africa reports that Copper inched up after the U.S. Federal Reserve made a pledge to keep interest rates near zero for at least two years.

The market news is quoted as saying:

Three-month copper on the London Metal Exchange rose 2.4 percent to $8,940 a tonne by 0703 GMT, after losing 0.6 percent in the last session.

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