Tuesday, July 3, 2007

Copper gains as dollar buckles, lead hits high

(Reuters) - Copper prices jumped to fresh seven-week highs on Tuesday as the dollar tumbled and the market worried about supply disruption, while lead hit a record peak on concerns about Chinese output.

Copper for three months delivery on the London Metal Exchange traded at $7,735 in the official rings. up from $7,710 at the close on Monday. It touched $7,805 -- its highest since May 14.


Read more at Reuters Africa

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