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Copper futures finish higher on Monday

29 Dec 2020 Evaluate

Copper futures ended higher on Monday on expectations of higher demand after the US President Donald Trump signed a $2.3 trillion pandemic aid and spending package to support the US economy. Further, a weaker US dollar also makes dollar-priced metals cheaper and more appealing to holders of other currencies.

Copper futures for March delivery gained $0.0085 to settle at $3.5710 a pound on the Comex metals division of New York Mercantile Exchange.

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MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

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