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copper investing

U.S. copper futures hold two-week peak after data

Investing News Network
Dec. 01, 2010 12:16PM PST
Base Metals Investing

Reuters Africa reports that U.S. copper futures maintained momentum near a two-week peak above $3.90 per lb early Wednesday.

Reuters Africa reports that U.S. copper futures maintained momentum near a two-week peak above $3.90 per lb early Wednesday.

The market news is quoted as saying:

Copper for March delivery HGH1 on the COMEX metals division of the New York Mercantile Exchange was trading up 8.55 cents, or more than 2 percent, at $3.9110 per lb by 10:08 a.m. EST (1508 GMT), its highest level since Nov. 16. (Reporting by Chris Kelly)

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