Copper hits more-than-three-month low as prices fall 1.2%
Benchmark LME copper fell 1.2% to $13,650 per metric ton on Thursday, its lowest in more than three months, amid concerns about weak demand and expectations of US rate hikes.
By Pratima DesaiCopper prices dropped to their lowest in more than three months on Thursday as the market fretted about weak demand and expectations of US interest rate hikes that could mean further gains for the dollar.Benchmark copper on the London Metal Exchange was down 1.2% at $13,650 a metric…