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    Copper in route for weekly gain

    Melissa Pistilli
    Jun. 29, 2009 08:34AM PST
    Market News

    Copper Investing News reports copper prices did well for the week. Copper was on track for a weekly gain as of Friday, after new data alluded to an improvement in the global economy. Last week, the red metal lost value on the back of a strengthening greenback. Copper, often referred to as the barometer of …

    Copper Investing News reports copper prices did well for the week.

    Copper was on track for a weekly gain as of Friday, after new data alluded to an improvement in the global economy. Last week, the red metal lost value on the back of a strengthening greenback. Copper, often referred to as the barometer of economic health due to its prolific use in construction, is extremely sensitive to economic movement.

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