Highest climb in copper prices in more than two weeks after record holiday sales in the U.S.

Copper advanced the most in more than two weeks in New York after record holiday sales in the U.S., the world’s second-biggest consumer of the metal, fuelled optimism demand will remain steady, reports Bloomberg.

Copper also gained as the euro climbed against the dollar after German Finance Minister Wolfgang Schaeuble urged fast-track treaty changes to tighten budget discipline.

Copper has been dropping steadily due to economic instability and signs of slowing in China.