COMMODITY
Copper futures settle higher on steady dollar overseas
Sep-20-2024
Copper futures settled higher on Thursday as a steady dollar supported red metal prices’ up-move after the long-awaited interest rate cut by the US Federal Reserve. However, lacklustre demand from top consumer China and uncertainty surrounding the US presidential election in November have limited further gains in copper prices.

Copper futures for December delivery rose $0.0480 to settle at $4.3470 a pound on the Comex metals division of New York Mercantile Exchange. Copper on the London Metal Exchange was up by 1.22 percent at $9,515 a ton. 

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