Wednesday 20 February 2019

Copper futures end higher on weaker dollar

Copper futures ended higher on Tuesday due to a weaker US dollar and hopes that the United States and China would forge a trade deal. A new round of talks between the United States and top metals consumer China takes place in Washington DC overnight aimed at resolving a trade war that has weighed on metals prices for a year.

Copper futures for March delivery added 2.7 percent to settle at $2.875 a pound on the Comex metals division of New York Mercantile Exchange. Copper on the London Metal Exchange ended up 0.7 percent at $6,319 a tonne.

Commodity Mcx Live Price

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