Copper’s ascent sentiment-driven

- April 12th, 2009

Copper Investing News reports copper price rise for the first time since October last year. Copper futures for May delivery advanced 11.05 cents, or 5.8 per cent, to $2.0005 a pound on the Comex division of the New York Mercantile Exchange. This week, the metal added another 9 per cent to its rally started at … Continued

Copper Investing News reports copper price rise for the first time since October last year.

Copper futures for May delivery advanced 11.05 cents, or 5.8 per cent, to $2.0005 a pound on the Comex division of the New York Mercantile Exchange. This week, the metal added another 9 per cent to its rally started at the end of December. The metal’s gain in 2009 trails only gasoline among 19 raw materials in the Reuters/Jefferies CRB Index.

 

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