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Copper futures trade higher on Monday

15 Apr 2024 Evaluate
Copper futures trading higher on Monday after the US Department of the Treasury along with its counterpart the HM Treasury department in the UK have announced restrictions on the trading of Russian copper on the London Metal Exchange and the Comex exchange in the US. Moreover, weak American Currency has also supported copper prices’ up-move.

Copper futures for May delivery gained 0.76% or $0.0325 at $4.2910 a pound on the Comex metals division of New York Mercantile Exchange.