Business
Copper price heads for biggest weekly gain in two months – MINING.COM – MINING.com
Goldman Sachs this week raised its 12-month target for copper to $11,000 a tonne, while Citi recommended clients take on bullish copper exposure over the next few…
Copper for delivery in May was down 1.2% in afternoon trade, with futures at $4.1675 per pound ($9,165 a tonne) on the Comex market in New York.
Click here for an interactive chart of copper prices
The Chinese data are only really good at first glance … momentum has cooled to some extent, Commerzbank analyst Daniel Briesemann told Reuters.
Optimism on stock markets was supporting metals and strong demand during the second quarter Chinas traditional construction season could lift copper further in…
-
Noosa News15 hours agoGippsland vegetable farm accused of underpaying migrant workers
-
General16 hours agoFour escape injury after jumping from three-storey unit on fire in Newcastle
-
Noosa News17 hours agoThe Best Things to Do in Brisbane This New Year’s Eve
-
Noosa News20 hours agoMary River cod thriving in Brisbane River catchment, century after relative went extinct