Bullish Copper runs out of steam at $3.69; currently at $3.68 per pound

Published: November 25 2022, 12:10 GMT+0

Bullish Copper runs out of steam at $3.69; currently at $3.68 per pound

Tentatively higher from an earlier low of $3.62, Copper is up to $3.68 per pound today, adding 6.1 cents, or 1.69%, to yesterday's closing price of $3.62.

This rally in CME Copper's price coincides with other Metals as having closed the previous session at $1,745.6, Gold is up 0.33% today to currently trade at around $1,751.4.

Meanwhile, Platinum slides down 0.66% to trade around $990.2. Palladium closed at $1,855.5 (down 1.09%).

The Copper future reached a significant high of $4.92 around 8 months ago but has lost 26.44% since then.

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