Copper Rally Is Longest in a Generation

Gold Silver Reports- Copper is on a run that’s set to be the best in almost 30 years. The metal is on course for the longest winning streak since 1989, topping $7,300 a metric ton in London, on optimism about increased demand, supply disruptions in China and a weaker dollar.


Copper Prices

Copper Gains Sharply On Short Covering

Gold Silver Reports — Deprived Copper showed confidence marking gains of 1.66% in the session gone by. At the time of closing Copper was at Rs 385.25 per kg. On the higher side, Rs 385.60 per kg was noted while on the lower side, Rs 377.35 per kg was tested.


Copper Speculative Longs Near Five Month Low

Gold Silver Reports — Copper Speculative Longs Near Five Month Low —  Large speculators and traders continued to cut their net positions in the copper futures markets last week for a sixth consecutive week, according to the latest Commitment of Traders (COT) data released by the Commodity Futures Trading Commission (CFTC) on Friday.