Copper prices hit new high on post-pandemic recovery hopes ...News

Economy by : (Russia Today) -
Prices for copper reached record highs and are expected to keep growing as global shortages of the metal and declining inventories are heated by easing concerns over the health of the global economy. Copper for delivery in July was up 0.98% at 06:45 GMT, with futures trading at $4.8085 per pound, or $10,578 per metric ton, on New York’s Comex market. Investors have reportedly turned to the metal as major concerns over recovery of the global economy due to the Covid-19 pandemic have gradually eased amid the latest vaccination drive across the world. Also on rt.com Red metal r

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