Copper surges on hopes that demand will improve

Published September 14, 2012 7:54pm ET



The price of copper pushed higher Friday on a bet that it may be one of the first commodities to benefit if the U.S., Europe and China prove successful in building up their economies.

Copper for December delivery rose 12.25 cents, or 3.3 percent, to finish at $3.8325 per pound. The price has increased 12 percent since Aug. 1.

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