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Copper futures settle higher on Thursday
Feb-07-2025

Copper futures settled higher on Thursday, despite firm American currency and as traders awaited key US jobs data that will help illuminate the path ahead for interest rates. Meanwhile, investors are expecting more stimulus from top consumer China at its National People's Congress meeting in March. Eased fears about US-China trade war has also supported sentiments.

Copper futures for March delivery gained $0.017 to settle at $4.4610 a pound on the Comex metals division of New York Mercantile Exchange. Copper on the London Metal Exchange was up by 0.4 percent at $9,276.50 a ton.

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