Copper rises on weaker dollar and downgrade to Chile production outlook
LONDON: Copper prices rose on Monday, supported by a weaker dollar, lower oil prices and a downgrade to Chile’s copper production outlook, though investors remained cautious ahead of Tuesday’s US midterm elections. Benchmark three-month copper on the London M...
LONDON: Copper prices rose on Monday, supported by a weaker dollar, lower oil prices and a downgrade to Chile’s copper production outlook, though investors remained cautious ahead of Tuesday’s US midterm elections. Benchmark three-month copper on the London Metal Exchange was up 0.7% at $14,251 a metric ton by 1034 GMT. The dollar eased and oil prices fell after talks between Iranian and Qatari officials aimed at pu...