Wednesday, 13 June 2012 14:25
LONDON: Copper edged higher on Wednesday as the euro steadied against the dollar, but concern about contagion from the euro zone debt crisis and upcoming elections in highly indebted Greece kept investors cautious and prevented further gains for metals.
Three-month copper on the London Metal Exchange rose to $7,443.75 a tonne at 0855 GMT, up 0.7 percent from Tuesday's close of $7,395 a tonne.
Base metals were supported by a slightly firmer euro against the US dollar. ...