Cop­per at 1-month low on Trig­ger Sell­ing

The Economic Times - - Commodities Plus -

Cop­per hit its low­est in a month as con­cerns over de­mand from China helped push the me­tal through key chart sup­port, trig­ger­ing fur­ther sell­ing. Down­ward mo­men­tum picked up af­ter prices slipped be­low $4,770 an ounce, but the me­tal found sup­port at $4,725, the 50% re­trace­ment of its Jan to March rise.

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