Metal prices were trading at multimonth highs, fueled by a weaker dollar, though prices in thin festive trading on Thursday morning are slightly lower.
Three-month copper was down 0.3% to $8,671 a metric ton while gold was down 0.1% to $2,091.90 a troy ounce.
Despite the slight move lower, copper prices are still trading at their highest level since July 31, while the continuous gold contract hit an all-time high of $2,093.10 an ounce on Wednesday.
Gold prices in London also hit a record level on Wednesday at $2069.40 an ounce, according to the London Bullion Market Association. "Gold continues to be the safe-haven of choice in periods of uncertainty and high volatility," LBMA chief executive Ruth Crowell said.
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