Copper Breaks Above $3.60 Mark

13 Sep 2022 , 04:56 PM

COMEX Copper moved up on steady risk appetite today, breaking above $3.60 per pound mark. European shares stayed supported amid . The US stocks stayed well supported. The Dow climbed 229.63 points or 0.7 percent to 32,381.34, the Nasdaq surged 154.10 points or 1.3 percent to 12,266.41 and the S&P 500 jumped 43.05 points or 1.1 percent to 4,110.41. Copper has been well supported on supply worries in last few days. Workers at BHPs Escondida copper mine in northern Chile voted last week to go on strike.Unionized workers say that Escondida, the worlds largest copper mine, has not responded to repeated complaints about potential safety risks.Powered by Commodity Insights