Copper trading range for the day is 341.5-363.5.
Copper extended gains as bets for monetary easing in Europe fuelled a short-covering rally that traders expected to gain steam given light holiday trade.
Copper prices have been under heavy selling pressure in recent weeks as fears of a China-led global economic slowdown spooked traders and rattled sentiment.
The ECB cut its growth and inflation forecasts paving the way for an expansion of its already massive 1 trillion-euro plus asset-buying programme.
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