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Copper futures trade higher on Monday

20 Mar 2023 Evaluate
Copper futures traded higher on Monday as investors are awaiting the results of a two-day Fed meeting on Wednesday with a smaller 25 basis points rate hike expectations. Although, persisting worries about US banking crisis limited further gains in copper prices.

Copper futures for May delivery gained 0.14% or $0.0055 at $3.8980 a pound on the comex metals division of New York Mercantile Exchange.