Business
Copper Rallies to Record Near $13,000 in London on Supply Fears
SOURCE:Bloomberg|BY:Martin Ritchie
Copper surged to a fresh record close to $13,000 a ton in volatile trading as the London Metal Exchange reopened after the Christmas holiday, extending a stunning end-of-year rally fueled by concerns over tighter supply.
Copper reopened in bullish form after a two-day break on the London Metal Exchange, with prices surging nearly 7% to an all-time high.