Copper rises to near US$10,000 after four weeks of gains


Copper pipes are displayed in a home rebuilding store in New York City. — AFP

LONDON: Copper has climbed towards its key threshold of US$10,000 a tonne on the London Metal Exchange, after advancing last month on a weaker US dollar and relatively resilient demand.

The wiring metal gained 3% in August, and rose as much as 0.3% to US$9,928 a tonne yesterday.

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