SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Copper futures end higher in spite of strong US dollar

24 Nov 2021 Evaluate

Copper futures ended higher on Tuesday as global investors enlarged positions, despite a strengthening US dollar against its peers after US Federal Reserve Chair Jerome Powell was reappointed for a second term that reinforcing market expectations for higher interest rates in 2022. Further, Chinese central bank PBoC has signalled possible easing measures to aid the second largest economy's recovery and in its latest quarterly monetary policy report PBoC removed from its policy outlook a few key phrases cited in previous reports that implying a softer tone to policy ahead, too supported copper prices’ uptrend.

Copper futures for December delivery gained $0.0270 to settle at $4.4235 a pound on the Comex metals division of New York Mercantile Exchange. Copper on the London Metal Exchange was down 0.16 percent at $9,710.50 a ton.

About MoneyWorks4Me

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.

Our Vision

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.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through: