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Copper futures end higher on weaker US dollar

14 Apr 2022 Evaluate

Copper futures ended higher on Wednesday as the US dollar fell from nearly two-year high overnight. Although, investors are remained cautious about the ongoing impact of record high inflation rates in the United States and war in Ukraine.

Copper futures for May delivery gained $0.0025 to settle at $4.7120 a pound on the Comex metals division of New York Mercantile Exchange. Copper on the London Metal Exchange was down 0.42 percent at $10,299 a ton.