He'd lost a million gambling on copper futures in 1992.

Prices of copper futures leaped to their highest levels in two months.

On other markets, copper futures advanced and energy contracts fell.

Copper futures reached a record high of $1.6475 a pound on Dec. 8.

Copper futures continued to advance, but analysts differ over whether the higher prices will continue.

Copper futures settled 1.9 to 2.95 cents higher, with July at $1.171 a pound.

Prices of copper futures rallied and settled above $1 a pound.

Copper futures finished 0.2 cent to 1.7 cents higher, with March at $1.13 a pound.

Copper futures settled 0.70 cent to 1.10 cents higher, with May at $1.202 a pound.

Copper futures finished 1.55 cents lower to 0.05 cent higher, with the April contract at $1.2195 a pound.