U.S. home sales plunge!
LONDON, England - June 23, 2010 - Copper fell on Wednesday as the dollar rose and U.S. data showed that sales of new homes in the world's largest economy had fallen by more than expected to a record low.
Copper CMCU3 for three months delivery on the London Metal Exchange closed at $6,520 a tonne. The metal, widely seen as a gauge of economic growth, closed at $6,610 on Tuesday.