COMEX copper soars 12 cents as dollar gets pummeled

摘要

COMEX copper futures sprangnearly 12 cents higher on January 24 toswiftly recapture losses from an 8 centsselloff on January 23, as the US dollar waspummeled on Treasury Secretary commentsand amid investor short-covering.Copper for March delivery, the activemonth, jumped 11.75 cents to close at 322.85cents/lb, while the January spot contractgained 11.90 cents to 320.85 cents.