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Commodity News Details
Copper Falters Near Four Month Low
23-Jul-2024 18:40
COMEX Copper faltered to four month low, sliding further as a break under $4.20 per pound continued. Chinese demand remains a worry and mixed equities are not providing any support to the metal. COMEX Copper futures are currently trading at $4.14 per pound, down 1.16% on the day. Meanwhi,le, China's Shanghai Composite index lost 1.65%, adding to latest losses today. Hong Kong's Hang Seng index fell around 1%. Japan's Nikkei 225 index closed flat. European stocks were mostly up with German DAX soaring more than 1%. The US stocks saw a rebound yesterday but overall sentiments remains volatile amid the developing political scenario.

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