Fri, 26 Sep 2014 09:14:03 GMT
Copper manages to gain on U.S. GDP data
The strong American Dollar had dampened the attractiveness of commodities as investments; however, copper was able to increase from its almost four-month lows before the release of U.S. GDP data. The metal pushed up by 0.6%, adding $38.75 to its price of $6,733.75 per metric ton on the LME early morning in Tokyo. Nevertheless, the metal is down 4.1% overall