Comex dips as Goldman copper call spooks mart

摘要

Comex copper pulled back for a second day Tuesday amid geopolitical risk and after Goldman Sachs Group Inc. recommended clients close out a long copper position Contracts for May delivery slid 1.7 percent to settle at $4.3835 per pound Tuesday, down from $4.46 per pound Monday and off 2.6 percent from the $4.5015-per-pound settlement Friday. In London, three-month copper closed second-ring trade down 1.3 percent to $9,690.5 a tonne.