METALS-Copper up with equities, but virus surge limits gains

  • 04/21/2021
  • Source: Reuters
  • by: Reuters Staff
METALS-Copper up with equities, but virus surge limits gains
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.
DYNAMIC WEALTH RESEARCH

Analysis and insights into the newest trends and industries shaping the world and your wealth.

The world is more dynamic than at any time in History.
New Markets are opening up. Technology is accelerating. It’s changing everything.

And creating fortunes in the process.

Dynamic Wealth Research exposes the biggest and most profitable changes for our readers.
IMG
SHARE DYNAMIC WEALTH RESEARCH
© 2016 - 2024 DYNAMIC WEALTH RESEARCH, Privacy Policy, Disclaimer