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Print Print edition: 2011-08-31

US copper lower

Published Updated

COMEX copper finished lower on Monday, pressured by gains in the dollar after strong US personal spending data. Selling was limited as the industrial metal drew support from the higher US stock market. The benchmark US September copper contract traded on the COMEX exchange closed $1.00 lower at $4.0890 per lb., about mid-range for trade during August. Earlier, it rose to $4.1140 and fell to $4.0575 a lb.

Copyright Reuters, 2011

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