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Copper jumps to highest level in nearly 10 years. Wall Street pros believe there's more upside

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The smelter is melting copper on July 23, 2020 in Jinhua, Zhejiang, China.
TPG | Getty Images News | Getty Images

Copper rose to its highest level in nearly a decade on Monday, as a jumpstart in global manufacturing pushes demand for the metal higher.

Copper advanced more than 1% to trade at $4.4265 per pound — its highest level since August 2011 — after turning in three straight weeks of gains.

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