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    copper investing

    Copper Reaches Highest Level in a Month

    Investing News Network
    Dec. 10, 2013 04:01AM PST
    Base Metals Investing

    Copper prices climbed to their highest level in a month

    Copper prices climbed to their highest level in a month, on Tuesday as a weaker dollar and continued copper purchasing in China promoted gains for the red metal.

    Three-month copper prices on the London Metal Exchange were last at $7,148 a tonne, up about $54 from the previous session, according to Reuters. However, earlier in the session today, copper reached a session high of $7,188 a tonne – the highest price in a month.

    On the Comex in New York, copper futures for March delivery rose $0.17 to $3.27 a pound, The Wall Street Journal reported.

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