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Commodities Briefing - Categorized | Metals and Minerals more

It’s copper’s turn to shine

Posted on 27 August 2013

Like the oversold iron ore and gold sectors before it, copper has provided fleet-of-foot traders spectacular share price gains in the past couple of months.
Sold off strongly in the first six months of the year for good reason (the copper price tanked 16 per cent to a low of $US3.02 a pound on June 24), copper stocks have since been putting on some big gains in response to a price recovery to about $US3.37 a pound, more if the impact of the fall in the Aussie dollar is factored in………………………………………..Full Article: Source


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