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.
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.
