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Copper futures end higher as dollar weakens

21 Oct 2021 Evaluate

Copper futures ended higher on Wednesday as the dollar weakened against its rivals. Copper prices improved further by intensifying energy crisis, while the global inventories are at a historical low.

Copper futures for December delivery gained $0.0315 to settle at $4.7345 a pound on the Comex metals division of New York Mercantile Exchange. Copper on the London Metal Exchange was up 0.35 percent at $10,185.50 a ton.