COMEX Copper gained slightly today amid steady cues from equities and mixed Chinese economic data. The industrial output in China fell 2.9% on year in April, the National Bureau of Statistics said on Monday after 5% fall in March. However, the countrys fixed asset investment was up 6.8% on year in April, down from 9.3% a month earlier. This capped losses for Copper after the recent slide to three month low. The metal currently trades up 0.50% at $4.22 per pound.Powered by Commodity Insights
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