Skip to main content

MoneyWorks4Me

Copper futures trade higher as energy crisis worries continue

18 Oct 2021 Evaluate

Copper futures traded higher on Monday amid worries over intensifying energy crisis globally. While growing inflation concerns also supported base metal prices to some extent.

Copper futures for December delivery gained $0.0480 or 1.01% to $4.7775 a pound on the Comex metals division of New York Mercantile Exchange.