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Copper futures settle higher on Thursday

03 Jun 2022 Evaluate

Copper futures settled higher on Thursday as the lifting of Covid-19 restrictions in the world’s top metals consumer China and after its officials unveiled some stimulus measures to bolster growth in the city.

Copper futures for July delivery gained $0.2240 to settle at $4.5525 a pound on the Comex metals division of New York Mercantile Exchange.