If copper closes the year near its current price of around $9,200 per tonne on the London Metal Exchange, the metal will finish the year with an impressive 35 percent gain in only six months.
Continue reading "Copper 2011 Price Outlook"
Monday, December 6, 2010
The Daily Telegraph reports that JP Morgan is the mystery trader that grabbed more than half the copper on the London Metal Exchange.
Tuesday, November 30, 2010
Copper prices were propelled to a five-week high as better-than-expected business and consumer confidence data overshadowed European debt concerns.
Continue reading "Strong Fundamentals Boost Copper"
Monday, November 29, 2010
Bloomberg reports that Copper gained after Europe agreed to a bailout for Ireland, outweighing tensions on the Korea Peninsula.
Continue reading "Copper, Zinc Gain as Ireland Bailout Offsets Korea Tension"
Tuesday, November 23, 2010
An onslaught of negative data hit the copper market Tuesday sending the red metal down in early trading.
Continue reading "Copper Plunges on Bearish Data"
Tuesday, November 23, 2010
Bloomberg reports that Copper and zinc advanced for the first time in four days.
Continue reading "Copper, Zinc Climb for First Time in Four Days"
Monday, November 22, 2010
Reuters reports that Codelco, has hiked its 2011 copper premium for buyers in China by 35 percent.
Continue reading "Codelco ups 2011 China copper premium 35 pct on demand hopes"
Tuesday, November 16, 2010
Bloomberg reports that Copper in London dropped 0.2 percent to $8,132.75 a metric ton.
Continue reading "Copper in London Drops by 0.2%, Reversing Earlier Gain"
Tuesday, November 9, 2010
Reuters reports that Copper hit 27-month highs on Tuesday.
Continue reading "Copper hits 27-month top"
Tuesday, October 26, 2010
Copper reached a 27-month high on Monday, as the U.S. dollar hit a 15-year low against the Yen, increasing the red metal’s appeal to holders of international currencies.
Continue reading "Copper’s Strength draws Multiple ETF’s"
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Tuesday, December 14, 2010