Copper futures ended higher on Thursday as dollar weakened, which makes dollar-denominated commodities cheaper to purchase for holders of currencies. Further, firm demand from world’s top metal consumer China and vaccine optimism also added to upside.
Copper futures for March delivery gained $0.0205 to settle at $3.5780 a pound on the Comex metals division of New York Mercantile Exchange. Copper on the London Metal Exchange was up 0.61% at $7873 a ton.
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.
To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.
MoneyWorks4Me ensures this through: