Summary Box: Copper, other metals fall

AP News
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Posted: Aug 05, 2011 7:12 PM
Summary Box: Copper, other metals fall

COPPER DOWN: Metal prices fell Friday as investors fretted about economic weakness in the U.S. and Europe's debt crisis. Copper for December delivery fell 3 percent.

GOLD TOO: Gold fell $7 to $1,652 an ounce. Gold set new highs this week as nervous investors bought up hard assets. Adjusted for inflation, gold is still less than what it was in January 1980.

MIXED AG: Wheat fell 2.75 cents to $6.79 per bushel; corn rose 1.5 cents to $7.03 per bushel and soybeans fell 9.25 cents to $13.36 a bushel.