Copper rises on speculation about Chinese demand
Copper gained for a fourth day on the London Metal Exchange on speculation that purchases in China will erode global supplies. For more information, click here
Articles Tagged "rises"
End of Olympics: Focus shifts from medals to metals
By Leia Michele Toovey- Exclusive to Copper Investing News With the close of the Olympics last Sunday, the globe can now focus on metals beyond bronze, silver and gold. A metal that is a barometer for economic health - copper - is sure to at the centre of attention. Olympic host country China consumes over a quarter of the world’s [...]
Copper rises on LME
Copper jumped in London due to weaker dollar and signs that China, the world’s largest user of the metal, may increase purchases. Daniel Hynes, an analyst at Merrill Lynch & Co, said: There’s a growing feeling that the Chinese are ready to enter the market. For more information, click here
