Copper prices lost half their value since reaching a record intraday level of $4.27 in May on the New York Mercantile Exchange’s Comex division. “Copper is usually a good gauge of economic health because it is broadly used, but more specifically because it is important to construction and equipment manufacturing that tend to precede [...]
US Copper Futures are up despite a strong dollar and thanks to a firmer outside market. Copper gains early momentum from steadier energy markets and the early move higher in gold – trader. Copper up again in extension of consolidation bounce from its recent lows – Ralph Preston, futures analyst with HeritageWestFutures.com in San Diego, [...]
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