Copper prices settled at their highest level in two weeks, with the most actively traded contract for September delivery rising 3.3% to close at $US3.16/pound...

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Copper prices settled at their highest level in two weeks, with the most actively traded contract for September delivery rising 3.3% to close at $US3.16/pound on the Comex division of the New York Mercantile Exchange. Investors were encouraged by the ISM manufacturing survey for June which was stronger than expected, fuelling hopes that the US economic recovery is strengthening.

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