Copper steadies but gains capped

Source: Reuters

On Monday, copper edged higher on increased demand for risky assets among European investors, but gains were capped by disappointing data on Chinese manufacturing activity. On the NYMEX, December delivery futures were traded at $3.74 per pound by 6:51 a.m. in New York. Earlier, the prices hit a session low of $3.76 and a session high of $3.72.

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