Summary Box: Copper falls on economic concerns

AP News
|
Posted: Apr 09, 2012 3:34 PM
Summary Box: Copper falls on economic concerns

TARNISHED METAL: Copper prices fell sharply Monday after hiring slowed in the U.S. and China's inflation rate rose last month. The two reports raised questions about the pace of global economic growth and future demand for the industrial metal.

GOLD'S GAIN: Gold prices rose about 1 percent. The precious metal is considered a relatively stable asset to hold when investors are nervous about the economy.

WINNERS, LOSERS: Prices for palladium, silver, orange juice futures, oil, corn and soybeans declined. Wheat and natural gas rose.