Copper Rises to 11-Week High on Outlook for China, U.S. Growth

Copper rose to the highest price in 11 weeks on speculation that economic growth will be resilient in China and the U.S., the world’s biggest metal users.

The Shanghai Composite Index of equities jumped to a two-month high. U.S. orders and shipments for nonmilitary capital goods excluding aircraft climbed 0.6 percent in June, the Commerce Department said. Copper has gained 10 percent in July.