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Copper futures trade higher as dollar weakens

25 Oct 2021 Evaluate

Copper futures traded higher on Monday as dollar weakened against its major peers due to growing inflation fears, while investors gauge the relative pace of looming interest rate hikes from central banks.

Copper futures for December delivery gained $0.0600 or 1.33% to $4.5580 a pound on the Comex metals division of New York Mercantile Exchange.