COMMODITY
Copper futures end higher on vaccine optimism
Dec-04-2020

Copper futures ended higher on Thursday, driven by optimism over vaccine developments, along with top US health officials announced plans to begin vaccinating Americans against Covid-19 as early as mid-December. Further, upbeat factory and services data from world’s top metal consumer China too supported copper prices’ uptrend.

Copper futures for March delivery gained $0.0015 to settle at $3.4905 a pound on the Comex metals division of New York Mercantile Exchange. Copper on the London Metal Exchange was up 0.02% at $7,674.50 a ton.

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