(Bloomberg) -- Copper, little changed in New York,
may gain on speculation global growth will increase demand for
the metal used in pipes and wires.
The U.S. economy expanded at the fastest rate in more than a
year last quarter, economists estimated before a government
report this week. China's economy in the second quarter grew at
the fastest pace in 12 years. Copper, which generally moves in
tandem with economic expansion, has gained more than fourfold in
the past four years while global demand outpaced production.
Read more at Bloomberg Commodities News
may gain on speculation global growth will increase demand for
the metal used in pipes and wires.
The U.S. economy expanded at the fastest rate in more than a
year last quarter, economists estimated before a government
report this week. China's economy in the second quarter grew at
the fastest pace in 12 years. Copper, which generally moves in
tandem with economic expansion, has gained more than fourfold in
the past four years while global demand outpaced production.
Read more at Bloomberg Commodities News
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