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Copper closes with a gain and returns to a price of over $3 US dollars

Red metal rose by 2.16% at the London Metal Exchange after trading for $3.00823 US dollars.

23 de Noviembre de 2007 | 14:28 | ValorFuturo

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SANTIAGO.- Copper closed today with a 2.16% increase at the London Metal Exchange (LME) after trading for $3.00823 US dollars per pound of 'grade A', compared to $2.94472 US dollars on Thursday (its lowest value in 8 and a half months) and $2.96445 US dollars on Wednesday.


As a result, the monthly average moved to $3.19080 US dollars and the yearly average to $3.25553 US dollars.


The future-3-month price ended at $3.19080 US dollars per pound, up 1.86% from Thursday ($2.97058 US dollars).


At the LME, stocks increased by 925 metric tons, to 186,425. So far this year, an increase of 3.625 MT (+1.98%) has been accumulated.

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