Copper futures ended up on Thursday as European
Central Bank President Mario Draghi's dovish remarks supported the price
of the red metal. However, stronger US dollar against a basket of major
currencies following the reports of better-than-expected US jobless
claims numbers, capped some gains in copper prices to some extent.
Copper
futures for December delivery added 0.3 percent to settle at $3.0175 a
pound on the Comex metals division of New York Mercantile Exchange.
While, copper on the London Metal Exchange ended up 0.3 percent at
$6,660 a metric ton.
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