Copper Prices Plunge ahead of Independence Day

- July 6th, 2009

Copper Investing News reports copper futures fell on a stronger dollar. A stronger U.S. currency makes dollar-priced metals less attractive to non-U.S. investors. Copper for September settled down 2.50 cents at $2.3055 a lb on the New York Mercantile Exchange’s COMEX division. New York commodity markets were closed Friday in observance of Independence Day. For … Continued

Copper Investing News reports copper futures fell on a stronger dollar.

A stronger U.S. currency makes dollar-priced metals less attractive to non-U.S. investors. Copper for September settled down 2.50 cents at $2.3055 a lb on the New York Mercantile Exchange’s COMEX division. New York commodity markets were closed Friday in observance of Independence Day.

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