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Home / Metal News / Copper / 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
CSTSource: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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