Copper prices increase on weaker dollar

Copper prices rose on Tuesday on a weaker dollar and expectations for better metals demand after Chinese policymakers said they would accelerate infrastructure investment.

Three-month copper on the London Metal Exchange CMCU3 rose 0.7% to $7,707 a tonne by 0624 GMT, and the most-traded October copper contract on the Shanghai Futures Exchange SCFcv1 advanced 1.9% to 61,220 yuan ($8,820.31) a tonne.

The dollar took a breather after a sweeping rally, making greenback-priced metals cheaper to holders of other currencies.

KEFI Gold and Copper plc (LON:KEFI) is an exploration and development company focussed on gold and copper deposits, primarily in the highly prospective Arabian-Nubian Shield.

Click to view all articles for the EPIC:
Or click to view the full company profile:
Facebook
X
LinkedIn
KEFI Gold and Copper

More articles like this

Gold surge signals deepening doubts in the dollar

As gold prices shatter records and global central banks quietly shift their reserves, investors are seeing more than just a rally in precious metals—they’re witnessing a growing global scepticism about the future of the US dollar.

KEFI Gold and Copper

Gold soars to new heights

Gold prices surged past previous records on Monday, driven by a wave of safe-haven demand following fresh tariff threats from U.S. President Donald Trump. As global trade tensions escalate, investors are piling into the precious metal,