Copper price approaches $12,000 amid broad base metals rally
after close1 source ↓written by the desknot a recommendation
- Copper prices surged
- 1.3%
- a ton
- $11,928
- this year due
- 33%
- this year
- 50%
Copper prices surged 1.3% to $11,928 a ton, nearing a record high as tightening supply and a rally in US tech stocks boosted sentiment. Prices have increased over 33% this year due to mine outages and rising imports. Tin and aluminum also saw significant gains, with tin up nearly 50% this year.
Not investment advice. For informational purposes only.