(Bloomberg) -- Copper in New York gained the most
in more than two weeks on speculation that global economic
growth will increase demand for the metal used in homes, cars
and appliances.
China's economy in the second quarter expanded at the
fastest pace in 12 years, the statistics bureau said in Beijing
today. Federal Reserve Chairman Ben S. Bernanke said yesterday
U.S. growth will pick up ``a bit'' next year. The price of
copper has gained more than fourfold in the past four years as
worldwide demand outpaced production.
Read more at Bloomberg Commodities News
in more than two weeks on speculation that global economic
growth will increase demand for the metal used in homes, cars
and appliances.
China's economy in the second quarter expanded at the
fastest pace in 12 years, the statistics bureau said in Beijing
today. Federal Reserve Chairman Ben S. Bernanke said yesterday
U.S. growth will pick up ``a bit'' next year. The price of
copper has gained more than fourfold in the past four years as
worldwide demand outpaced production.
Read more at Bloomberg Commodities News
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