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

Powell Says Fed Policy “In a Good Place” as Rates Stay on Hold

The Federal Reserve held its Fed Funds Target Range steady at 3.50%–3.75% in April, marking …