Copper gained 2% on Spanish euphoria

Note: This section contains information in English only.
Source: Forexpros
© Scanpix/AFP

Futures for copper gained 2% in the European Monday morning trading session, as investors were more confident after the EU agreed to bailout Spain up to EUR100 billion. On the NYMEX, July delivery futures for copper were traded at USD3.354 per pound. It earlier peaked at USD3.400, gaining 3.5% from the beginning of the trading session.


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