Open Demo Account
Home / Market Update / Commodities / Copper Settles at Highest Level in Two Years

Copper Settles at Highest Level in Two Years

M. Ali 21 October, 2020 12:29 am Commodities, Market Update

Copper prices rose on Tuesday to a record high, supported by increased Chinese demand.

Copper futures for December delivery went up by 6 cents, or 2%, and settled at $3.148 a pound.

This is the highest closing level for copper futures since June 2018.

Tags

Check Also

Dollar Holds the High Ground: Sticky Inflation Keeps USD Firm as Yen Struggles to Break Through

The U.S. Dollar continues to assert its dominance against the Japanese Yen, as fresh economic …

This site contains information and opinions for the purpose of providing only general information and can not be relied upon. The information and opinions contained in this Site shall in no way constitute an offer or solicitation to buy, sell or subscribe to any investment product. Users of this site shall bear any risks arising from the use of any information, opinion, program, service or material. Noor Trends reserves the right to make any change to the Site, the information, opinions, materials, products, programs, services or prices (if any) at any time without notice.
All copyrights reserved Noor Trends