Copper Advances Most in Two Weeks as U.S. New-Home Sales Climb

Bloomberg reports that Copper rose the most in two weeks in New York after a government report on housing added to evidence the U.S. economy is improving.

The market news is quoted as saying:

Copper futures for March delivery added 4.1 cents, or 1 percent, to settle at $4.267 a pound at 1:17 p.m. on the Comex in New York, the biggest gain for a most-active contract since Jan. 12.

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