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Home / Metal News / Copper Futures Advance to Four-Month High in New York on Demand Outlook

Copper Futures Advance to Four-Month High in New York on Demand Outlook

Aug 30, 2010 09:50

Source:SMM

Aug 30 (Bloomberg)--

Copper futures in New York advanced to a four-month high, extending last week’s gain after a report showed the economy in the U.S. grew faster than forecast in the second quarter.

The December-delivery contract on the Comex touched $3.46 a pound, the highest since April 27, before trading up 1.5 percent to $3.4340 at 8:24 a.m. Melbourne time.

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Copper Futures Advance to Four-Month High in New York on Demand Outlook

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