CAPITAL MARKETS

Copper drops below $5000/t

GOLD rallied overnight, while copper closed below $US5000 a tonne for the first time since July 2009.

Kristie Batten

Copper in London dropped a further 0.8% overnight to $4995.50/t, a new six-year low. The red metal is now down by almost 22% since the start of the year. Zinc bounced off a four-year low to gain 1.2%...

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