вторник, 13 марта 2012 г.

Summary Box: Copper prices fall to 8-month low

COPPER FALLS: The price of copper fell for a sixth straight day on Monday. The industrial metal hit its lowest price in eight months.

UNCERTAIN OUTLOOK: Copper has been hammered because demand for the metal is highly reliant on industrial growth. Mounting debt problems in Europe and a decline in imports by China have investors uncertain about future demand.

GOLD A WINNER: Gold again was the big winner among commodities. Its value as a safe alternative to currencies was evident after the euro hit a fresh four-year low.

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