LME copper soars to 2009 high on heavy fund buying
Dec 02, 2009 | 11:22 AM
Copper jumped to a fresh 2009 high on the London Metal Exchange Wednesday, propelled by fund buying.
Three-month copper settled at $7,080 per tonne in second-ring trade, up 0.3 percent from $7,059 per tonne at the open of daily trade and nearly 1 percent higher than Tuesday's second-ring close at $7,016 per tonne.
The red-metal last traded this high on Sept. 23, 2008, when it settled the second ring at $7,091 per tonne. ....
To access AMM's full content, please log in below. If you do not have an AMM account, we invite you to take a free trial or subscribe below.
Already a registered amm.com user?
Access to amm.com editorial content is granted only to paid subscribers and trialists. If you do not have an active account in your own name, please either subscribe or take a trial and you will have instant access to amm.com content. Sharing your login credentials with individuals who are not subscribers represents a violation of AMM copyright.
Every morning, every minute no matter how often you follow the markets, there's an AMM subscription to fit your needs.
Not sure if you are ready to invest in a subscription right now? Take a free, no-obligation trial. Start your free trial today.