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    copper-investing

    Copper Advances 1.6 Percent

    Investing News Network
    Jul. 19, 2012 02:49PM PST
    Base Metals Investing

    Bloomberg reported that copper advanced 1.6 percent to $3.53 a pound on hopes that China and the U.S. may move to bolster their economies.

    Bloomberg reported that copper advanced 1.6 percent to $3.53 a pound on hopes that China and the U.S. may move to bolster their economies.

    As quoted in the market news:

    Copper for September delivery climbed 1.6 percent to $3.53 a pound by 8:45 a.m. on the Comex in New York. The London Metal Exchange’s three-month contract rose 2 percent to $7,787.75 a metric ton.

    Click here to read the full Bloomberg report.

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