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Comex copper futures surge on index reweighting

Posted on 07 January 2009

From Fxstreet.com:Copper futures rallied as participants bought amid commodities index reweighting, but that support is tenuous as economic concerns linger.

March copper rose 12.4 cents, or nearly 8.5%, to settle at $1.5830 per pound on the Comex division of the New York Mercantile Exchange. The contract hit $1.5850, its highest point in more than a month….. Full Article: Source


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