Copper fell on Monday, weighed down by a firmer dollar and festering concerns on Europe’s debt crisis.
Three-month copper on the London Metal Exchange was down 0.5 % to $8,238 per tonne at 0119 GMT, after rising 0.1 % in the previous session. The most-active January copper contract on the Shanghai Futures Exchange dropped 1.1 % to 59,090 yuan ($9,400) per tonne, after gaining 0.7 % on Friday.
***Copper extended its first weekly drop in three on concern that discord among European leaders in solving the debt crisis will curb growth amid a lack of improvement in China’s economy.
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