CAPITAL MARKETS

Copper near the summit: Goldman Sachs

COPPER could be at its peak price with a fresh study of the outlook for the metal pointing to a price decline starting next year as additional metal reaches the market.

Tim Treadgold
Copper near the summit: Goldman Sachs

The big US stockbroking firm, Goldman Sachs, said the switch from a deficit of metal to a surplus should take place in the second half of 2005 thanks to an estimated 6% increase in supply as Freeport’s...

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