Markets · 1 sources covering this

Copper hits 10-day low on profit-taking as supply worries ease

Copper prices decreased to their lowest point in ten days, influenced by profit-taking and lower supply fears. The decline in prices coincided with rising concerns over inflation and interest rates. After reaching an agreement at the Escondida mine, Chilean miner BHP alleviated worries about possible strikes. Additionally, Asian tech stock sell-offs further pressured the metals market, contributing to the copper dip.

Share:WhatsApp X Reddit Facebook LinkedIn

Coverage spectrum

0 L · 0 C · 1 R

How 1 sources are covering this

Economic TimesLean R·2h ago
Copper hits 10-day low on profit-taking as supply worries ease
Copper prices decreased to their lowest point in ten days, influenced by profit-taking and lower supply fears. The decline in prices coincided with rising concerns over inflation and interest rates. After reaching an agreement at the Escondida mine, Chilean miner BHP alleviated worries about possible strikes. Additionally, Asian tech stock sell-offs further pressured the metals market, contributing to the copper dip.
Read at Economic Times →

Embed this bias spectrum on your site

Paste this iframe wherever you'd like the widget to appear. Resizes responsively; no JS required.

<iframe
  src="https://hindustansphere.com/embed/cluster/1aad609009600f4f8ae77b925ed6a7f363e2ffec"
  width="100%" height="320"
  style="border:0;max-width:680px"
  loading="lazy"
  title="Copper hits 10-day low on profit-taking as supply worries ease"></iframe>

Copper hits 10-day low on profit-taking as supply worries ease

How 1 sources are covering this