Base Metals Up
Aug 7th, 2008 | By Doug Casey | Category: Financial News, Gold MarketIt was a good day for the base metals Wednesday as copper, zinc, nickel, and lead all rose, leaving aluminum as the only metal to fall on the day’s trading. Copper rose steadily for much of the day, reaching an intraday high of over $3.55/lb. A late-morning sell-off reduced the metal’s gains, however, as copper finished up only ½ cents, at $3.5042/lb.