Copper drifts higher on rally in tech stocks and weaker dollar
LONDON: Copper prices gained for a third straight session on Tuesday, boosted by a rally on stock markets, a weaker dollar, and expectations for firmer demand. Benchmark three-month copper on the London Metal Exchange was up 0.1% at $14,420 a metric ton in of...
LONDON: Copper prices gained for a third straight session on Tuesday, boosted by a rally on stock markets, a weaker dollar, and expectations for firmer demand. Benchmark three-month copper on the London Metal Exchange was up 0.1% at $14,420 a metric ton in official open-outcry trading, having added 1.1% on Monday. “Copper is drawing support from the stronger mood in equity markets, with the rally in tech stocks addi...