Eldridge Financial Review: Copper prices fall
posted by inmanmac 18 days ago under eldridge financial news, tom eldridge financial, eldridge financial blog, eldridge financial review, eldridge financial review-copper prices fall
Because of the cut down prices of copper on Monday stamped as a sign of a slower global economy in which many are asking about what is the future demand for the industrial metal. It was being lowered down two percent as well as the palladium and silver. These three metals are used in a huge number of consumer products from automobiles to consumer electronics and construction materials. It was reported that in the past few days the driving of the economic worries which includes the slowdown in U.S job creation and an increase in China’s inflation rate.
The U.S Labor Department reported Friday that employers added just 120,000 jobs in March, about half the pace from December through February. That renewed concerns about the pace of U.S. economic growth. Consumer prices in China rose 3.6 percent from a year ago but remained below the government’s 4 percent target for the year. » Eldridge Financial Review: Copper prices fall |
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