Copper Demand Growth in China Slowed

Copper Demand Growth in China Slowed

Gold Silver Reports → Copper prices fell on Thursday reversing earlier gains as worries about demand in top consumer China were reinforced by equity market losses in Shanghai, but output cuts to help balance the market limited the losses.

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Copper MCX Intraday Trading Range 312 to 322

Copper MCX Intraday Trading Range 312 to 322

Gold Silver Reports → Copper settled down -0.34% at 318.10 but recovered from the day’s low as sentiments boosted by the weak dollar, but the expected short-term gains, amid worries that global economic growth in poor condition will be restricted metal consuming nations of China’s economic activity. Support seen with the Chinese government supports the initiative to show the effect of this year, China’s housing prices are likely to rise, the outside world is widely expected in the next few months China will further relax the policy.   

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