Base Metals

Reuters Africa reports that on Monday, Shanghai copper closed lower.

Reuters Africa reports that on Monday, Shanghai copper closed lower.

The market news is quoted as saying:

The copper market was earlier thought to be strengthened by a weaker Dollar and higher equity prices, but fear of stagnant economic activity from Japan and concerns of a slowdown in the UK economy were seen as keeping copper prices on the defensive this morning.

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MARKETS

Markets
TSX19991.88+105.94
TSXV673.02+3.30
DOW33336.67+27.16
S&P 5004207.27-2.97
NASD12779.91-74.89
ASX7071.00+78.30

COMMODITIES

Commodities
Gold1789.15+0.16
Silver20.35+0.08
Copper3.69-0.02
Palladium2274.50-1.50
Platinum959.00+4.00
Oil93.87-0.47
Heating Oil3.47-0.02
Natural Gas8.71-0.16

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