COMMODITY
Copper futures settle higher on weak dollar
Sep-30-2023
Copper futures settled higher on Friday as the US dollar index fell against its major peers, that makes dollar-priced metals cheaper for holders of other currencies. However, rising exchange inventories and weaker-than-expected economic recovery in the world’s top metal consumer China have limited further gains copper prices.

Copper futures for December delivery rose $0.0295 to settle at $3.7375 a pound on the Comex metals division of New York Mercantile Exchange. Copper on the London Metal Exchange was up by 0.64 percent at $8,270.50 a ton.
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