Copper Breaks Records as Metals Rally Broadens
From vtmarkets.com
Copper touched record highs on Thursday as the rally in physical metals broadened beyond gold and silver. Traders increased exposure to industrial commodities amid ongoing geopolitical risk and a persistently weak US dollar, driving strong price action across global copper benchmarks. The most-active copper contract on the Shanghai Futures Exchange surged 6.71% to close at 109,110 yuan per metric ton, after rising as much as 8.53% earlier in the session to an all-time high of 110,970 yuan. Momentum remained strong throughout daytime trading, reflecting aggressive buying interest. In London, the three-month copper ...
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