Tue, 04 Sep 2012 15:05:27 GMT
Copper higher amid hopes for Fed, ECB stimulus
On Tuesday, futures for copper were
traded higher in European morning trade, as traders continued to hope
that the ECB and the Fed will act soon to support their economies. On the
Comex, December delivery futures for copper were traded at USD3.486
per pound, which was a 0.85% gain during that trading session.
Earlier in the day, copper hit USD3.495, rising by 1.1%.