Copper Bottom’s Not Here Yet

By Vivien Diniz – Exclusive to Copper Investing News

Copper prices may be picking up a slightly as the week draws to a close; however, the red metal’s minor gains aren’t enough to spark much confidence in metal prices in the near term.

Today, COMEX copper for May delivery was up 0.9 percent, to $2.9930 a pound, as traders who bet on copper prices falling early in the year are cashed in ahead of the end of the first quarter.