London copper prices edged up on Tuesday as a bullish run in the dollar paused, making greenback-priced metals cheaper to holders of other currencies.
Three-month copper on the London Metal Exchange CMCU3 rose 0.6% to $8,920 a tonne by 0410 GMT, reversing four straight sessions of loss and rebounding from its lowest in four weeks hit in the previous session.
The dollar eased from its rally in the previous session, but hovered near a one-month peak as traders raised their forecasts of U.S. Federal Reserve interest rate levels that would be needed to tame inflation.
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.