U.S. Dollar Weakness Propels Copper to Six-Week High Copper prices reached a nearly six-week high on Tuesday, driven by expectations of U.S. interest rate cuts, a weaker dollar, and signs of improving demand in China. The metal’s rise was supported by macroeconomic factors, declining Shanghai copper stocks, and an increase in the Yangshan premium, indicating stronger Chinese import appetite. Other metals like zinc also saw gains, while aluminum faced tightening supplies. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts Gold and Bitcoin Surge: Signals Time for a New Gold Standard? READ MORE Evidence and Insights About Gold’s Long-Term Uptrend READ MORE BullionStar Perspectives – Rick Rule – Wisdom and Insights from Legendary Mining Investor READ MORE Record-Breaking Gold Rally Continues for Eighth Day on Safe-Haven Demand READ MORE Incrementum: Monthly Gold Compass February 2024 READ MORE Add a Comment Cancel replyYour email address will not be published. Required fields are marked *Name * Email * Save my name, email, and website in this browser for the next time I comment. Comment