Copper manages to gain on U.S. GDP data

Source: Bloomberg
© Scanpix/Reuters
The strong American Dollar had dampened the attractiveness of commodities as investments; however, copper was able to increase from its almost four-month lows before the release of U.S. GDP data. The metal pushed up by 0.6%, adding $38.75 to its price of $6,733.75 per metric ton on the LME early morning in Tokyo. Nevertheless, the metal is down 4.1% overall in the present quarter. 

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