LME Metals Closed Higher across the Board on Lower US Dollar and Eased Bank Worries

SHANGHAI, Mar 28 – Copper futures on the London Metal Exchange (LME) climbed on Monday as concerns over banking turmoil eased, but prices remained under pressure as investors worried that tighter credit would limit economic growth and metals demand.

As of 17:00 March 27, London time (00:00 CST, March 28), LME three-month copper rose $42.50/mt, or 0.48%, to close at $8,964.00/mt.