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Copper prices hit 8-year high on pandemic-induced government spending and tightening supplies Bookmark Please log in to listen to this story. Also available in French and Mandarin. Log In Create Free Account Getting audio file ... This translation has been automatically generated and has not been verified for accuracy. Full Disclaimer Handout If 2020 was the year for gold, 2021 is shaping up to be the same for copper. Copper futures hit an eight-year high on Wednesday, trading as high as US$3.84 a pound on the CME. The industrial metal is being driven higher by rebounding global demand...

Gold held near 11-week lows in choppy trading on Thursday as investor optimism for a global economic recovery raised U.S. Treasury yields and made the precious metal less attractive. ... | February 22, 2021

Benchmark copper on the London Metal Exchange (LME) was up 0.5% at US$8,039.50 a tonne at 1731 GMT, taking gains in January to around 3.5% after a 26% price rise in 2020. LONDON: Copper prices reached their highest since February 2013 on Wednesday as Democrats who want increased economic stimulus edged closer to control of the U.S. Senate and a blockade threatened to halt operations at a major mine in Peru. Benchmark copper on the London Metal Exchange (LME) was up 0.5% at US$8,039.50 a tonne at 1731 GMT, taking gains in January to around 3.5% after a 26% price rise in 2020. Copper is used in...

Article content LONDON — Copper prices reached their highest since February 2013 on Wednesday as Democrats who want increased economic stimulus edged closer to control of the U.S. Senate and a blockade threatened to halt operations at a major mine in Peru. Benchmark copper on the London Metal Exchange (LME) was up 0.5% at $8,039.50 a tonne at 1731 GMT, taking gains in January to around 3.5% after a 26% price rise in 2020. We apologize, but this video has failed to load. Try refreshing your browser, or Copper hits 8-year high on stimulus hopes, supply fears Back to video Copper is used in ...

President Donald Trump signed a long-awaited pandemic aid bill, while liquidity remained low on account of the holiday season. Spot gold was little changed at $1,877.20 per ounce by 1301 GMT, having earlier risen as high as $1,900.04 an ounce. U.S. gold futures were down 0.2% to $1,878.70. “I think you’re seeing some profit-taking coming into the end of the year,” said independent analyst Robin Bhar. “There are a significant amount of people being vaccinated with the first dosage and there are plans to widen that, and we are hearing similar stories around the world. This could be a...