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24-Oct2016

Copper futures trade flat on Monday

Copper futures traded flat on Monday after dollar strengthened against a basket of currencies, on expectations that the US Federal Reserve will raise interest rates this year.

Copper futures for December delivery were flat at $2.090 a pound on the Comex metals division of New York Mercantile Exchange. While, copper on the London Metal Exchange was up 0.2 percent to $4,644 a metric ton.


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