Copper, platinum, palladium rise amid investor expectations
The Canadian Press reports that copper, platinum and palladium are advancing amid expectations that the economy could be growing stronger.
Articles Tagged "investors"
Popular copper ETFs face hurdles
Af.reuters.com reports that the firms are planning for base metal ETPs over the past month, with copper proving a popular choice.
Shanghai Copper hits Upside limit on London Gains
Shanghai copper prices hit their upside limit in the first few minutes of trade on Thursday, excited by London’s gains in the previous session, when investors were enthused by the U.S. Federal Reserve’s comments that the country’s economy was showing signs of levelling out. For full story, click here
India Copper Edged Lower on Continued Profit Taking
India copper futures edged lower on Friday on continued profit-taking, as investors awaited U.S. jobs data to gauge the health of the U.S. economy. For full story, click here
U.S. Copper Futures Opened Lower in Profit-Taking Retreat
U.S. copper futures lost as much as 3 percent at the open on Thursday, as prices pulled back from 10-month highs and investors squared up positions ahead of key monthly employment data on Friday. For full story, click here
Copper Retreated as Risk Appetite Cancel
London copper slipped nearly 2 percent on Thursday, after scaling fresh 10-month highs in the previous session, as investors stepped back to reassess the health of the global economy. Mark Pervan, senior commodity analyst at Australia and New Zealand Bank, stated: A lot of people are holding their breath because the gains have been really [...]
US Copper eased back from 9-month Peak
U.S. copper futures closed down a shade on Thursday, easing back from a new nine-month peak as investors booked profits and digested a more than 18 percent rally in prices during the past two weeks. For full story, click here
Yunnan Copper surged $880 mln in share placement
Yunnan Copper Co,, China’s third-largest copper producer, declared that it will place up to 300 million new shares with investors, surging about $880 million for a copper expansion project and to purchase assets from its parent company. For full story, click here
India copper futures reverses gains, investors stay cautious
Indian copper futures reversed afternoon gains and dipped in the evening session on Thursday as investors remained cautious ahead of the U.S. bank stress test due later in the day. For full story, click here
Zambia's plans to raise mining stakes worries investors
Zambia’s plans to increase equity stakes in its copper mines could scare away foreign investors already unnerved by the global downturn, and hurt plans to boost the metal’s output in Africa’s largest copper producer. For full story, click here
