Tag: London Metal Exchange (LME)

Expected US Rate Cuts Give Copper Price A Boost
August 28, 2024 BY Elizabeth Anderson

Expected US Rate Cuts Give Copper Price A Boost

Based on CNBC data, the September 2024 delivery of copper clocked more than $4 per pound to record its highest level since 22 July 2024. Concurrently, the tri-monthly copper price on the London Metal Exchange also increased and traded at more than $9 per metric ton. Even though this base metal experienced a four-month low…

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