Copper nears $10,000 a ton on LME

[Production of copper wire, cable in reels at factory. Cable factory.]
FabrikaCr

* Copper surged toward its key threshold of $10,000 a ton on the London Metal Exchange on Monday, after advancing last month on a weaker dollar.
* The metal gained 3% in August and rose as much as 0.3% to $9,928 a ton on Monday.
* Copper futures on the London Metal Exchange registered a fourth straight weekly gain after edging up to nearly the highest in a month last week, as positive economic data from the U.S. and China lifted the demand outlook.
* ETFs: (NYSEARCA:CPER [https://seekingalpha.com/symbol/CPER]), (COPX [https://seekingalpha.com/symbol/COPX]), (OTC:JJCTF [https://seekingalpha.com/symbol/SM])

MORE ON COPPER,

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* Commodities: Potential Trump-Putin Meeting Weighs On Oil [https://seekingalpha.com/article/4810817-commodities-potential-trump-putin-meeting-weighs-on-oil]
* LME copper set for fourth weekly gain; Goldman sees continued stable prices [https://seekingalpha.com/news/4490476-lme-copper-set-for-fourth-weekly-gain-goldman-sees-continued-stable-prices]
* Base metals tread water amid uncertainty over Trump-Zelenskyy meeting [https://seekingalpha.com/news/4486358-base-metals-tread-water-as-traders-eye-trump-zelenskyy-meeting]