Copper, gold prices drop

In the metals markets on Monday, spot gold was up to $672.90 per troy ounce in early trade, but by the middle of the day in New York it had lost $14.80 to $648.90 per troy ounce. In base metals, copper was also down as the end of a miner’s strike in Mexico made the issue of supplies a little less urgent. Three-month copper dropped $341 to $7,739 per tonne on the London Metal Exchange.