Copper for three-month delivery reached a fresh high of $8,028/t intraday – a level not seen since 2013 when it peaked at $8,346 in February, Marex Spectron’s Alastair Munro said.
The US congress reached an agreement on a stimulus package, at the time of writing.
“We will pass another rescue package ASAP,” US senate majority leader Mitch McConnell tweeted minutes ago, referring to what is expected to be a $900 billion relief package.
“More help is on the way.”
Jubilee Metals Group (LON:JLP) is a global, diversified metal recovery company that operates world-class projects, ensuring a positive impact on the environment and its stakeholders.