Global Economic Uncertainty Pushes Copper Down

Reuters reported that copper was heading for a two-month low on Friday, pushed down by increasing concern over the global economy.

As quoted in the market report:

Copper prices on Thursday suffered their biggest single-day slide for 2013, losing year-to-date gains of nearly 5 percent in early February to fall into the red. Prices are set for a drop of more than 3 percent on the week, the steepest fall since early June.

To view the full Reuters report, click here.