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Copper futures end higher despite strong dollar

03 Oct 2020 Evaluate

Copper futures ended higher on Friday, despite dollar’ strength on stalled US stimulus talks after the news of US President Donald Trump and the First Lady testing positive for Covid-19 just four weeks before US presidential election.

Copper futures for December delivery gained $0.1120 to settle at $2.9775 a pound on the Comex metals division of New York Mercantile Exchange. Copper on the London Metal Exchange was up 2.6% at $6,553 a ton.