Melbourne
London copper climbed on Monday to its highest in four weeks after a shock miss in May's U.S. jobs data pushed back expectations for a rate rise this month and pummelled the dollar.
As a result, the dollar languished at its lowest in over three weeks in early trade, boosting the buying power for commodities of consumers paying with other currencies.
Three-month copper on the London Metal Exchange advanced by 0.8 percent to $4,726 a tonne by 0703 GMT, having earlier touched $4,748 which was the strongest since May 12. Prices rose 1.7 percent on Friday.
Copper production in Democratic Republic of Congo, Africa´s top miner of the metal, dropped 20 percent in the first quarter.
In other metals, Shfe zinc and ShFE nickel rallied more than 2 percent at one stage, pulled up by solid gains in end-use sector steel.
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