Base metals rise as Trump comments about China eases trade concerns. Copper at 10-week highs amid weaker dollar.
Base metal prices rose, with copper sitting at 10-week highs as the U.S. dollar weakened overnight on Trump’s comments.
Front Month Comex Copper for January delivery gained 2.80 cents per pound, or 0.66% to $4.2995 today --Largest one day dollar and percentage gain since Thursday, Jan. 16, 2025 --Off 16.01% from its 52 ...
Base metal prices fell, and BofA said while trade disputes were a key risk to prices, copper’s fundamentals remained strong and it expects China’s copper demand to rise 3% on year in 2025, up from 2% ...