Strong factory data pushes copper to new 7-year high1 min read 01 Dec 2020, 08:21 PM IST
Factory activity in China, the biggest metals user, accelerated at the fastest pace in a decade after touching $7,723
Benchmark copper on the London Metal Exchange (LME) was 1.8% higher at $7,715.50 a tonne
Copper prices on Tuesday hit their highest since 2013 as data showed manufacturing expanding rapidly in Europe and Asia in November and coronavirus vaccines turned investors increasingly bullish about the economic outlook.
Get the best recommendations on Stocks, Mutual Funds and more based on your Risk profile!Let’s get started
Select your Category