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

Copper Settles at Highest Level in Two Years

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.

Check Also

Dollar Under Pressure as Global Tensions Rise, Markets Await Key Rate Decisions

The US dollar lost momentum for a second consecutive day as investors grew increasingly cautious …