METALS-Copper sinks below $5,000 a tonne as virus panic sees metals give up gains
March 18, 2020 at 02:13 AM EDT
London copper prices dived below $5,000 a tonne for the first time since November 2016 on Wednesday, as a base metals rally driven by mine closures in Peru gave way to renewed fears about the hit to demand from the coronavirus. Three-month copper on the London Metal Exchange was earlier on course to snap two days of steep losses as it rose up to 0.9% before plunging suddenly and s