Renewed Eurozone Fears Push Copper Down

Base Metals Investing

Reuters reported that a downgrade of France’s credit rating was one of the factors responsible for pushing copper down in Tuesday trading.

Reuters reported that a downgrade of France’s credit rating was one of the factors responsible for pushing copper down in Tuesday trading.

As quoted in the market report:

Three-month copper on the London Metal Exchange had slipped 0.68 percent to trade at $7,750 a tonne in official midday rings. Still, the metal has risen around 2 percent so far this year.

To view the whole Reuters report, click here.

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