US MIDDAY: copper stays up

03 Nov, 2011

Copper maintained its upward momentum in after-hours business on Wednesday, after the Federal Reserve said US growth strengthened in the third quarter and left the door open for further accommodative policy. In New York, the key December COMEX contract settled up 7.85 cents at $3.5810 per lb, after dealing between $3.4775 and $3.6295. After hours, it held around the $3.58 level.

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