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
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 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
Thursday, February 26, 2009