Copper rises on weaker Dollar and Central Bank meetings

Copper advanced on Monday supported by a weaker US dollar, as traders and investors were cautious ahead of a slew of key central bank meetings.

Three-month copper on the London Metal Exchange rose 0.3% to $8,379 per metric ton by 0247 GMT, while the most-traded March copper contract on the Shanghai Futures Exchange increased 0.7% to 68,090 yuan ($9,466.41) a ton.

The US dollar struggled to keep gains in early Asian trade, as looming central bank decisions in Japan and Europe forced a pause in its data-spurred rally late last week.

Jubilee Metals Group plc (LON:JLP) is a diversified metal recovery business with a world-class portfolio of projects in South Africa and Zambia. The Company’s expanding multi-project portfolio across South Africa and Zambia provides exposure to a broad commodity basket including Platinum Group Metals, chrome, lead, zinc, vanadium, copper and cobalt.

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