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Copper gains as U.S. manufacturing, housing recovers

Posted on 27 March 2013

Copper rose in London on signs that manufacturing and housing are gaining in the U.S., the world’s second-biggest buyer of the metal used in wires and pipes.
Orders for U.S. durable goods climbed more than forecast in February on demand for automobiles and commercial aircraft, a Commerce Department report showed today. In January, the S&P/Case-Shiller index of property values in 20 cities climbed 8.1 percent, the most since June 2006. The increase exceeded the 7.9 percent median forecast in a Bloomberg survey………………………………………..Full Article: Source


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