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Copper prices were holding steady despite a troubled economic landscape, as investors await further developments in the wake of Ireland's bailout and ongoing strikes in Chile's copper mines. The March delivery copper contract on the Comex division of the New York Mercantile exchange was trading at
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Copper prices hit a sour note as the dollar surged, fueled by concerns over Portugal's potential sovereign debt troubles and a downgrade in the euro against the greenback. The December delivery contract on the Comex division of the New York Mercantile Exchange dipped 1.7%, or 6.3
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Copper futures on the Comex division of the New York Mercantile Exchange edged into positive territory on Wednesday, supported by upbeat economic news, recent price declines, and easing geopolitical tensions in the Korean peninsula. The most actively traded contract for December delivery rose 1.1%, or 4.05 cents, to
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Comex copper futures surged 2.7% on Thursday, fueled by strong US economic data and a weakening dollar. The most actively traded contract for December delivery settled at $3.8310 per pound, with prices supported by better-than-expected growth in Mid-Atlantic area manufacturing. The Federal Reserve Bank of Philadelphia's
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Gold prices fell sharply on the Comex division of the New York Mercantile Exchange as weak US inflation data and a decline in euro-zone concerns weighed on investor demand. The most actively traded contract, for December delivery, settled down $1.50, or 0.1%, at $1,336.90 per troy
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The Comex copper futures contract for December delivery retreated 1.3% on Wednesday, falling 5.3 cents to $3.99 a pound, after traders cashed out of the market to profit from the metal's recent highs. The decline comes on the heels of a report showing Chinese copper
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The US Department of Agriculture (USDA) has revised its forecast of season-average cash grain prices, with soybean prices projected to range between $10.70 and $12.20 per bushel, an increase of 70 cents. The agency attributed this rise to increased global import demand and a record sales pace, particularly
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Gold futures traded near steady Wednesday as a little-changed dollar and anticipation of the Federal Open Market Committee (FOMC) meeting later in the day dominated the market. The FOMC is widely expected to announce a second Treasurys purchasing program aimed at expanding the money supply and stimulating growth. Some investors
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The copper futures market was cautious on Wednesday as investors awaited the Federal Reserve's decision on monetary easing, with the most actively traded contract for December delivery easing 2.7 cents, or 0.7%, to $3.8120 per pound on the Comex division of the New York Mercantile
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Copper futures surged on October 28, 2010, due to optimistic economic indicators and a softer dollar, but retreated from earlier highs as investors cashed in profits. The most actively traded contract, for December delivery, settled at $3.7875 per pound, up 0.3% or 1.2 cents from the previous
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Copper futures traded higher on the New York Mercantile Exchange, with the December delivery contract rising 1% or 3.95 cents to $3.8150 per pound, as better-than-expected jobless claims and a weaker dollar boosted prices. The unexpected drop in unemployment claims, which fell by 21,000 to 434,000
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Leaning hog futures for Monday are expected to open flat to lower due to concerns about large near-term slaughter-ready supplies and declines in cash hog prices. Despite the market's oversold condition, some possible support could come from the recent declines in wholesale pork prices. Market analysts and traders
