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Copper, Zinc Gain as Ireland Bailout Offsets Korea Tension
Nov. 29, 2010 11:37AM PST
Base Metals Investing Bloomberg reports that Copper gained after Europe agreed to a bailout for Ireland, outweighing tensions on the Korea Peninsula.
Bloomberg reports that Copper gained after Europe agreed to a bailout for Ireland, outweighing tensions on the Korea Peninsula.
The market news is quoted as saying:
The metal for three-month delivery rose as much as 1.4 percent to $8,355.75 a metric ton on the London Metal Exchange and traded at $8,325 at 2:39 p.m. in Shanghai. Three-month zinc advanced 2.2 percent to $2,150.50 a ton.
