Lower dollar, inventories propel copper towards 8-year peak - Business News, Finance News, Share Market News - Market trendz

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Tuesday, 5 January 2021

Lower dollar, inventories propel copper towards 8-year peak

Benchmark copper on the London Metal Exchange traded up 0.8% at $7,922.50 a tonne in official rings. Prices of the metal, used by investors as a gauge of economic health, climbed above $8,000 last month, the highest since February 2013.

from Commodities-Markets-Economic Times
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