Commodity traders stay bullish as Copper adds 6.3 cents or 1.74%

Published: November 25 2022, 10:51 GMT+0

Commodity traders stay bullish as Copper adds 6.3 cents or 1.74%

Tentatively higher from an earlier low of $3.62, Copper is up to $3.68 per pound today, adding 6.3 cents, or 1.74%, to yesterday's closing price of $3.62.

This rally in Copper's price coincides with other Metals as Gold increases 0.49% to trade around $1,754.2.

While Copper is appreciating, other Metals are comparatively not doing so well — Platinum closed at $993.4 (down 0.34%).

Approximately 8 months ago, Copper reached a significant high of $4.92 but has struggled to hold onto its gains and declined 26.44% since then.

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