02.10.2008 - Copper drops on global economic risks
From The Australian: Copper prices fell 3.1 per cent in New York, pressured by continued worries over the global economy. The red metal dropped to its lowest level in more than a year and a half. Nearby October copper fell US9.1 cents, or 3.1 per cent, to settle at $US2.7970 on the Comex division of the New York Mercantile Exchange, after dipping to $US2.7800, the lowest front-month copper price since March 12, 2007. Since Friday's settlement, October copper has lost 9.3 per cent of its value. Most-active December slid US8.95 cents to $US2.7895..... Full Article: Source
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