Copper Investing News» investor

Castle Gold declared new investor relations focus

Reporter — Wed, 10 Jun 2009 16:15:25 +0000

Castle Gold declared it has retained the services of AGORACOM Investor Relations to provide online investor relations services, a Web 2.0 social network for current shareholders and Tier-1 awareness through the world’s biggest websites for the purpose of attracting new shareholders. For full story, click here

Indian Copper futures traded up as data, dollar support

Reporter — Fri, 29 May 2009 17:05:47 +0000

Indian copper futures traded up on Friday as positive international macro-economic data along with a weak dollar supported investor sentiment. For full story, click here

Copper Leaps on LME inventory draw-down

Reporter — Fri, 17 Apr 2009 05:36:00 +0000

By Leia Michele Toovey- Exclusive to Copper Investing News Copper climbed the most in over a week as dropping inventories signaled rising demand for the red metal. A huge drawdown in London Metal Exchange inventories provided the strongest boost to copper. Stockpiles monitored by the London Metal Exchange tumbled 2.4 per cent to 480,400 metric [...]

Copper up by 6 percent

Reporter — Wed, 04 Mar 2009 04:28:50 +0000

Prices of industrial and precious metals moved in opposite directions on Tuesday as copper gained 6 percent on inventory drawdowns while gold fell 3 percent as investor interest in exchange-traded gold funds weakened. Stephen Briggs, analyst at London’s RBS Global Banking & Markets, stated: We’ve had a pretty sharp fall in recent days in copper [...]

Analysts bullish on copper

Reporter — Fri, 23 Jan 2009 01:47:38 +0000

By Leia Michele Toovey- Exclusive to Copper Investing News Copper prices will be low in the near term as weak demand and piling inventories exert downward pressure, however, for the long term analysts are bullish. When the economic environment improves, investors will select profitable markets to invest in. The copper market considered by many to [...]

Copper’s New Year ascent short-lived

Reporter — Tue, 20 Jan 2009 12:33:19 +0000

By Leia Michele Toovey- Exclusive to Copper Investing News U.S. copper futures were able to hold on to their positive momentum until Thursday’s close, when consistent inventory builds and grim economic data suggested that demand will exert more downside pressure. Copper started the New Year with a bang, but the positive movement was cut short [...]

Copper prices ignore rate cut

Reporter — Fri, 19 Dec 2008 04:00:12 +0000

By Leia Michele Toovey- Exclusive to Copper Investing News Copper prices fell to the lowest in almost four years on concern that the deepening global recession will reduce metal demand through next year. Copper prices have plunged 55 per cent this year, heading for a record annual decline. Copper futures for March delivery slipped 0.4 [...]

Copper demand mirrors economic growth

Reporter — Fri, 21 Nov 2008 04:10:03 +0000

By Leia Michele Toovey- Exclusive to Copper Investing News With copper prices considered a barometer of economic growth, it is no surprise that the metal is having a rough go. Japan and Germany are in a full-fledged recession, and China and the U.S. are in bear markets teetering on the brink. The metal has lost [...]

Is America’s choice of a president to blame for post-election stock market blues?

Reporter — Fri, 07 Nov 2008 04:23:27 +0000

By Leia Michele Toovey- Exclusive to Copper Investing News Now that the U.S. election is over, the economy is back in the spotlight. Earlier this week, pre-election excitement sent the economy on an ascent; following the election, the markets tracked back their gains. On Wednesday, copper, considered a key indicator of economic health, was down five per [...]

Copper in limbo over government bailout

Reporter — Sat, 27 Sep 2008 03:35:53 +0000

By Leia Michele Toovey- Exclusive to Copper Investing News Copper sat in relative limbo as investors focussed on the government’s proposed financial bailout plan. On India’s Multi Commodity Exchange, the MCX, futures were steady with an upside bias as a week dollar and rising crude extended support. The upside, however, was capped by bailout uncertainties. Thursday’s benchmark November [...]