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Bloomberg reported that copper surged 2.7 percent to a 16-week high on hopes that new monetary policy will help China’s economy.
Bloomberg reported that copper surged 2.7 percent to a 16-week high on hopes that new monetary policy will help China’s economy.
As quoted in the market news:
Copper futures for March delivery gained 2.7 percent to $3.735 a pound at 11:52 a.m. on the Comex in New York. Earlier, the metal reached $3.759, the highest for a most-active contract since Sept. 21.
