Copper rebounds on softer dollar

Copper prices rose on Tuesday from a six-week low hit in the previous session, on expectations of improvingdemand as top metals consumer China cut policy rates, and as a softer dollar made greenback-priced metals cheaper to holders of other currencies.

Three-month copper on the London Metal Exchange CMCU3 advanced 0.6% to $8,338 per metric ton by 0605 GMT, on track for its first session of gain in four.

The dollar index .DXY eased from a five-week high hit in the previous session.

London-listed company KEFI Gold and Copper plc (LON:KEFI) is an exploration and development company focused on gold and copper deposits in the highly prospective Arabian-Nubian Shield. The Company operates in Ethiopia and Saudi Arabia with projects including Tulu Kapi project, Jibal Qutman EL and Hawiah.

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