Metals Copper Rebounds On Bargain Hunting Amid Softer Dollar Firmer Risk Appetite
Economic Times
Copper prices saw a rebound on Thursday, recovering from recent losses as investors seized bargain opportunities.
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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