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Copper futures settle higher as US dollar retreats

03 Sep 2022 Evaluate
Copper futures settled higher on Friday as the US dollar retreated against a basket of major currencies. Meanwhile, the US jobs data came mostly in line with expectations, also supported copper prices uptrend.
 
Copper futures for December delivery gained $0.0070 to settle at $3.4135 a pound on the Comex metals division of New York Mercantile Exchange. Copper on the London Metal Exchange was up 0.47 percent at $7,633 a ton.