Lower Jobless Claims Prompt Rise in Copper
Investing News Network - December 22nd, 2011
Bloomberg reported that an improved joblessness outlook and economic data boosted prices for copper for a third straight day.
Bloomberg reported that an improved joblessness outlook and economic data boosted prices for copper for a third straight day.
As quoted in the market news:
Copper futures for delivery in March rose 0.6 percent to close at $3.4155 a pound at 1:16 p.m. on the Comex in New York. The price gained 2.6 percent in the previous two sessions as Chinese imports of the industrial metal climbed to the highest since June 2009.