LONDON, April 21 (Reuters) - Copper prices firmed on Wednesday alongside a rebound in equities and a weaker dollar, though investor fears over rising coronavirus cases limited gains.
Three-month benchmark copper on the London Metal Exchange (LME) was up 1.3% at $9,440 per tonne at 1620 GMT.
Expectations for a boom in copper demand in the transition to a lower carbon economy and global economic recovery have pushed prices back up towards a near 10-year high of $9,617 a tonne hit in February.
METALS-Copper up with equities, but virus surge limits gains
- by: Reuters Staff
- April 22, 2021
- Source:
DYNAMIC WEALTH RESEARCH
- 10/27/2022
