Investors Watchful as Copper Market Sees Modest Gains

Friday, April 18: Copper prices have picked up this week, but investors are anxious that a slowdown in China’s economic growth could abate demand for the red metal.

On Thursday, the red metal climbed again, trading up by $15 in London in the morning, according to Investing.com. Prices were bolstered by economic data released earlier this week from China, as the Wall Street Journal reported that the numbers indicated a growth rate of 7.4% for the first quarter of 2014.

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