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Copper prices posted their biggest one-day gain in 2-1/2 weeks on Wednesday as investors sought value from Tuesday's three-month low, but gains were fragile due to the uncertain economic impact from Japan's nuclear crisis. "It's more risk appetite back in the market, and secondly (investors are) thinking the slump of the recent days might be overdone," Eugen Weinberg, an analyst at Commerzbank, said.
May copper on the New York Mercantile Exchange jumped 6.05 cents to finish at $4.1975 per lb, after dealing between $4.17 and $4.27.

Copyright Reuters, 2011

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