Copper higher while gold declines

In the metals markets, copper was higher on Thursday, but gold fell by around $10 to $640.60/$641.35 per troy ouince as oil prices fell and the dollar strengthened. Copper was $87.50 higher to $7,885 per tonne as the possibility of a strike in Chile still was a possibility. Management tendered an offer of a 3 percent hike in salaries and bonuses of around $15,000 per worker, well below what the union is demanding.