Copper prices rose on Tuesday as a
major Chinese property firm was able to extend its debt
payments, relieving pressure in a the sector that accounts for a
large share of metals demand. .
Copper prices inched higher on
Tuesday from a six-week low hit in the last session, as top
metals consumer China cut short-term loan rates and reverse repo
rates, and as a softer dollar made. -Yesterday at 11:15 pm- MarketScreener
Prices of most base metals rose on
Tuesday as a weaker dollar made greenback-priced metals cheaper
to holders of other currencies. The dollar weakened after U.S. Federal Reserve.
Gold prices were steady in early
Asian hours on Tuesday as investors maintained a cautious stance
ahead of U.S. inflation data that could influence the Federal
Reserve s rate policy trajectory. .
London copper prices eased on Tuesday, as a firmer U.S. dollar made greenback-priced metals more expensive for buyers holding other currencies. Three-month copper on the London Metal.