Copper Futures End Higher On Wednesday

Comex copper futures ended higher on Wednesday at the highest level since November 2014, while London copper prices too rose on strong global demand and tight supplies. Further, sudden plunge in the US Dollar too added support to copper prices’ uptrend. Copper futures for September delivery rose 2.4 percent to settle at $2.9535 a pound on the Comex metals division of New York Mercantile Exchange. While, copper on the London Metal Exchange ended up 2.4 percent at $6,532 a metric ton.

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