Copper records modest gains
25-Nov-2024
18:09
COMEX Copper futures saw modest gains today but stayed in a narrow range overall after last week's corrective action. The red metal currently trades at $4.11 per pound, up 0.60% on the day amid mixed cues from equities. In Asia today, China's Shanghai Composite index eased 0.11% as recent spate of weakness extended. Hong Kong's Hang Seng index fell 0.41%. Japanese Nikkei index spiked 1.30% though. European markets saw modest gains. The Dow rose by 1% with strong performances in networking, housing and banking stocks. The major averages all ended the day in positive territory.
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