News Summary: Copper up on hopes for better demand
Published: September 14, 2012
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GLEAMING COPPER: The price of copper rose on a bet that it may be one of the first commodities to benefit if the U.S., Europe and China prove successful in building up their economies. Investors consider copper a barometer of global economic health because it is used throughout manufacturing.
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GOLDEN HEDGE: The price of gold rose as investors bought contracts to hedge against possible inflation in the months ahead.
FUELING UP: Oil, gasoline and heating oil ended higher. Investors hope that demand will increase if the economy improves.
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