Copper falls on persistent global growth worries

Published October 25, 2012 7:40pm ET



The price of copper has dropped after unimpressive home sales and orders for long-lasting goods failed to ease questions about demand for the metal.

Copper for December delivery dropped 1.75 cents Thursday to finish at $3.5505 per pound. It’s the sixth consecutive day that the price has fallen for the metal used in everything from construction to consumer cookware.

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