Bloomberg News

Goldman Closes May 23 Copper, Zinc Recommendations at Losses

December 20, 2011

Dec. 20 (Bloomberg) -- Goldman Sachs Group Inc. closed its May 23 recommendations to buy copper and zinc at a loss.

The June 2012 copper recommendation made on May 23 has a loss of $1,530 a metric ton and the December 2012 zinc recommendation was down $298 a ton, Max Layton, an analyst at Goldman, wrote in a report today.

To contact the editor responsible for this story: Claudia Carpenter at ccarpenter2@bloomberg.net


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