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Copper climbs as US dollar hits multi-year lows; aluminium surges on weak stock
Copper climbed on Wednesday after the US dollar slid to its weakest in nearly four years, while aluminium also surged. The most active copper contract on the Shanghai Futures Exchange (SHFE) rose 0.72% to 103,510 yuan ($14,902.96) a metric ton as of 0330 GMT. The benchmark three-month copper on the London Metal Exchange, meanwhile, jumped 1.69% to $13,226.50 a ton. Both contracts hovered below record levels set earlier this month. The dollar index on Tuesday hit its lowest since February 2022 after US President Donald Trump replied that the value of the greenback was “great”, when a reporter asked him if he ... (full story)
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- Jan 28, 2026 1:49am Posted byFundamental Analysis194
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