Copper declines after a 4-day climbing streak on economic woes

Source: Reuters

On Wednesday, copper was traded lower, following a 4-day rally, amid uncertainty over Spanish bailout plan and holidays in China, which is a top copper consumer. On the London Metal Exchange, three-month copper fell by 0.85% to trade at $8,255.00 per tonne at 08:15 a.m. London time. Earlier, the metal hit a 4-month high on September 19.

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