Breaking News

You are here » Indian-Commodity  :  Commodities  :  Copper  :  Copper futures end higher on Tuesday

22-Aug2018

Copper futures end higher on Tuesday

Copper futures ended higher on Tuesday as the dollar retreated from recent highs and the market waited for talks on the US-Chinese trade dispute. A lower US currency makes dollar-denominated commodities cheaper for holders of other currencies, which potentially would boost demand.

Copper futures for September delivery added 1 percent to settle at $2.696 a pound on the Comex metals division of New York Mercantile Exchange. While, copper on the London Metal Exchange ended up 0.9 percent at $6,045 a metric ton.


Related News

View all news

Copper futures end higher on weak dollar

Copper futures ended higher on Thursday, supported by a weaker US dollar, with the currency sliding to a seven-week low against a basket of major currencies. However, concerns over the health of the global......

Copper futures end nearly flat on Wednesday

Copper futures ended nearly flat on Wednesday as traders weighed the latest moves in the trade battle between United States and China. Though, weaker dollar against some major basket of currencies capped......

Copper futures end higher on Tuesday

Copper futures ended higher on Tuesday after the United States and China announced fresh tariffs that were less harsh than some investors had feared. The US 10% tariff on $200 billion of Chinese imports......

Top News

View all news

Sun Pharma receives Australian TGA approval for ILUMYA

Sun Pharmaceutical Industries has received the Australian Therapeutic Goods Administration (TGA) approval for its specialty product, ILUMYA (tildrakizumab) for the treatment of adults with moderate-to-severe......

TCS features as leader in Everest Group PEAK Matrix for F&A Digital Augmentation Suite

Tata Consultancy Services (TCS) has been positioned as a leader in the Everest Group PEAK Matrix for Finance and Accounting (F&A) Digital Augmentation Suite (DAS).Cited as a strength is the company's......

Infosys enters into exclusive partnership with Trinity College

Infosys has entered into an exclusive partnership with Trinity College to create new educational programs that prepare liberal arts students and Infosys employees for the digital workplace of the future.......