CAPITAL MARKETS

Copper price surges on weak US dollar

THE PRICE of copper has surged to its highest level since last April as the effect of a weakening...

Tim Treadgold

Copper closed on the New York Comex on Friday at US$1.33 a pound, up US5c on the day. The Dow Jones news wire said traders moved into copper after the US currency sank on a report from the Commerce Department...

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