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Base Metals Preview: COMEX Copper Tests One Week Low

Base Metals Preview: COMEX Copper Tests One Week Low

May 26, 2022 9:10 IST | capital market
COMEX Copper extended its losing spree and tested one week low of $4.24 per pound on weak equities and worries over global economic outlook. Threats to the global economy was the primary focus at the annual Davos think-tank meeting. IMF Managing Director Kristalina Georgieva, speaking in Davos on Monday, said the war, tighter financial conditions and price shocks - for food in particular - have clearly darkened the outlook for world economy. Powered by Commodity Insights

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