Copper drops for second day as investors weigh Fed QE signals

Source: Bloomberg
Copper declined for the second day in London ahead of the Federal Reserve officials start a meeting that will show when the central bank may begin to damp debt purchases. Copper for settlement in three months slipped 0.7% to $7,032 per metric ton. The September copper contracts plummeted 0.8% to $3.183 per pound.

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