Copper prices rise after Chile earthquakeApril 2, 2014 @ 1:20 pm
The massive earthquake that shook Chile is sending copper prices up.
News that a 8.2-magnitude earthquake struck off the northern coast of Chile, the world's largest copper producer, pushed copper prices up early Wednesday. Prices drifted lower as reports trickled out that the country's mining operations escaped major damage.
Copper for May delivery settled at $3.05 a pound, up by a penny. The most actively traded contract reached as high as $3.07 in early trading.
Other metals traded higher Wednesday. Gold for delivery in June rose $10.80 to $1,290.80 an ounce.
Silver for May delivery rose 36 cents to $20.05 an ounce.
Platinum for July gained $9.10 to $1,438.70 an ounce, and palladium for June gained $5.85 to $787.80 an ounce.
Prices for corn, soybeans and wheat sank.
Copyright © The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
The Owens have spent two years trying to get their belongings back from a moving company
Graffiti in Seattle
Vandalism at Seattle's Gas Works Park underscores an ongoing battle with police and taggers
Please login below with your Facebook, Twitter, Google+ or Disqus account. Existing MyNorthwest account holders will need to create a new Disqus account or use one of the social logins provided below. Thank you.