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Copper rally stalls, mining stocks tumble as Trump euphoria wanes

Monday, November 14, 2016 - 05:50

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Copper futures for December delivery dropped 1.6% to settle at US$2.509 a tonne on the Comex in New York, after rising as much as 7.2%.

New York

COPPER surrendered its biggest gain in seven years and gold, silver and mining stocks tumbled as investors reassess the consequences of Donald Trump's stimulus plans.

Mr Trump's election victory last week ignited a frenzy of buying in industrial metals. But on Friday,

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