LIVE FUTURES REPORT 27/08: Comex copper rally extends into new week

Comex copper prices began the week on a positive note, supported by a weaker dollar and improved fundamental backdrop.

Copper for September settlement on the Comex division of the New York Mercantile Exchange gained 1.55 cents or 0.6% to $2.7160 per lb Last week, the red metal hit a one-week high after months of declining prospects. This morning, copper hit its highest point since August 14.  The red metal also benefited from improved fundamentals;...

Published

Dalton Barker

August 27, 2018

16:23 GMT

Chicago