Copper prices rose in London on Thursday as the U.S. currency DXY weakened, supporting demand for the dollar-priced metal from buyers using Chinese yuan and other currencies.
Copper prices fell on Tuesday over a dismal demand outlook driven by a stronger dollar and weak economic data from top metals consumer China.
As Expected Copper MCX 721 to 706 | Copper MCX Pani Pani, Dabbe Wale Se Ghar Ka Paisa Ghar Par Laao….Copper prices fell to their lowest in two months on Thursday after the U.S. Federal Reserve brought forward its expectations for raising interest rates, sending the dollar higher and sapping demand for metals.
Copper Tips Today: All Target Hit | Dabbe Wale Ko Loot Lo, Rona Mana Hai, Trade With Neal Bhai All Most 100% Accuracy
MCX Copper Tips Today: Copper prices on Monday traded up by 0.67 per cent at Rs 771.60 per kg in the futures market on the back of a pick-up in the spot demand.
Copper soared this week to an all-time high, continuing a sizzling rally that’s seen prices double in the past year.