Copper rises to three-week high, helped by weaker US dollar

Copper has jumped to its highest in three weeks, boosted by the weaker US dollar after a new round of US-China trade tariffs proved not as costly as expected.

China will levy tariffs on about $US60 billion worth of US goods in retaliation for US tariffs on $US200 billion worth of Chinese goods. Washington’s new duties, however, were set at 10 per cent for now, rising to 25 per cent by the end of the year, rather than starting immediately at 25 per cent.

 

Metal Tiger Plc (LON:MTR)  is a London Stock Exchange AIM-listed investing company primarily focused on undervalued natural resource opportunities.

Metal Tiger provides financial and business support to companies to maximise the value of their natural resource interests and through this we aim to deliver significant returns for Metal Tiger shareholders.

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