London copper set for best week in more than four months on softer dollar – Markets

Base metals rose on Friday, with London copper set for its best week in more than four months on a softer dollar and easing fears of a major trade war between the United States and top metals consumer China.

Three-month copper on the London Metal Exchange (LME) rose 1.2% to $9,385 a metric ton by 0512 GMT.

It is set to log its biggest weekly gain since September 2024, rising 3.8% so far.

The…

Continue Reading


News Source: www.brecorder.com


Posted

in

by

Tags:

Comments

Leave a Reply