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MARKETS-ECONOMIC TIMES · INDIAN ·

Copper rebounds on bargain hunting amid softer dollar, firmer risk appetite

As reported by Markets-Economic Times
Copper prices saw a rebound on Thursday, recovering from recent losses as investors seized bargain opportunities. A weaker dollar and a positive sentiment in broader financial markets, buoyed by strong tech earnings, also contributed to the uptick. While industrial metals face headwinds from persistent high U.S. interest rate expectations, the market is cautiously optimistic, with other base metals like aluminium, nickel, zinc, lead, and tin also showing gains.
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Copper prices rebounded on Thursday, driven by bargain hunting, a weaker dollar, and increased risk appetite following strong tech earnings. While high U.S. interest rate expectations pose headwinds for industrial metals, the market showed cautious optimism, with other base…

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