Copper has risen to a two-week high as concerns eased that met
“The market will also be watching the Libyan situation closely with Chavez entering the fray,” said Daniel Brebner, an analyst at Deutsche Bank AG in London. “It may moderate risk perceptions” in the near term, he said.
“Growth will be good enough to support prices,” said Rich Ilczyszyn, a senior strategist at Lind-Waldock, a broker in Chicago. “Fundamentals are positive, and the uptrend in copper is still intact.”