Posted AT 4:18 PM EST on 23/09/08
Copper slides nearly 4 per cent
LONDON — Copper tumbled almost 4 per cent on Tuesday on profit-taking spurred by a firmer dollar and as investors worried about the impact of a planned $700-billion (U.S.) financial bailout in Washington.
Copper for delivery in three months on the London Metal Exchange closed at $6,980 per tonne, after hitting a session low of $6,970 and slipping from Monday's high of $7,333, its highest level since Sept. 4.
The full text of this article has 528 words.
To continue reading this article, you will need to purchase this article.
This article is NOT available for licensing for re-use and redistribution.
Already have a member account? Login now
Pay-Per-View Offers To read the complete article, select one of the following options
Purchasing from globeandmail.com is quick and secure.
