Copper Climbs on Stimulus Signal, China Equities Jump
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Copper gained after Federal Reserve Bank of Chicago President Charles Evans said the U.S. central bank should keep policy accommodative to support the economy and China equities jumped by the most in three weeks.
Metal for delivery in three months on the London Metal Exchange rose as much as 0.8 percent to $8,110 a metric ton, before trading at $8,098.50 at 2:10 p.m. in Shanghai. It declined 0.5 percent last week. Tin advanced to $24,980 a ton, the highest since Feb. 14, before falling 0.2 percent to $24,850.