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Commodity News Details
Copper gains after testing three-week low
23-Jan-2026 17:24
COMEX Copper futures edged up steadily today, building on gains after testing a three-week low in last session. The counter currently trades at $5.85 per pound, up 1.36% on the day as equities provided decent inputs for the entire metals complex. Weak US dollar also boosted the metal as it clocked a 3% gain for this month. Meanwhile, in Asia, Shanghai Composite index added 0.33% while Hong Kong's Hang Seng index gained 0.45%. Japanese Nikkei 225 index moved up 0.29%. European stocks edged up as geopolitical worries eased. The US stocks edged up across the board. Dow climbed 0.6% while the Nasdaq added 0.9% and the S&P 500 gained 0.6%.

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