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Commodities Briefing - Categorized | Currencies, Metals and Minerals, Price Watch more

Dollar strength hurts metals prices

Posted on 23 October 2008

From Metalmarkets.org.uk: Metals prices dropped Wednesday as the dollar strengthened to make metals more expensive for investors buying in other currencies and as worries about the erosion of demand continued.

December copper was down 14 cents to $1.87 per pound in New York while three-month copper dropped $340 to $4,160 per tonne in London as inventories in London Metal Exchange warehouses added 1,850 tonnes on the session….. Full Article: Source


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