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Copper futures end higher on Monday

29 Aug 2023 Evaluate

Copper futures ended higher on Monday, as the dollar weakened ahead of a barrage of crucial U.S. economic data this week, while China's measure to support its stock market also lifted risk sentiment. China is the world's biggest metals consumer.

Copper futures for December delivery rose $0.0080 to settle at $2.3920 a pound on the Comex metals division of New York Mercantile Exchange. Copper on the London Metal Exchange was up by 0.5 percent at $8,397.50 a ton.