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Copper futures end higher as investors await US results

05 Nov 2020 Evaluate

Copper futures ended higher on Wednesday as investors awaited results from the US presidential election. Further, economic recovery in China from the Covid-19 pandemic related drops also added support to copper prices’ uptrend.

Copper futures for December delivery gained $0.0145 to settle at $3.1070 a pound on the Comex metals division of New York Mercantile Exchange. Copper on the London Metal Exchange was up 0.32% at $6,837.50 a ton.