Copper price raises at nine-month high, crude oil moves

Dhaka, Bangladesh (BBN)- Crude Oil futures advanced during the week trading over US$ 65 a barrel, the highest level in two weeks, in the New York Mercantile Exchange. Demand for commodities bolstered as equities climbed during the week and USD dropped against the EUR.

Copper futures rose to a nine-month high to US$ 2.4895 per pound on rallying equity markets before dropping to US$ 2.451 per pound on Wednesday.

Gold prices advanced during the week on a weakening dollar to US$ 955.50 per ounce, marking a rise of 1.97 percent over last week, according to reports.

BBN/SS/SSR/AD-25July09-1:54 pm (BST) 

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