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Copper futures trade higher on Monday

01 Nov 2021 Evaluate

Copper futures traded higher on Monday, even though investors are focusing on the US Federal Reserve's forthcoming monetary policy meeting that may set the stage for a long-awaited announcement of asset-purchase tapering and strengthening of US dollar index. 

Copper futures for December delivery gained $0.0295 or 0.68% to $4.3975 a pound on the Comex metals division of New York Mercantile Exchange.