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 The Real Story Behind China's Gold Demand and Reserves READ MORE Singapore – The World’s largest central bank gold buyer in Q1 2023 READ MORE When Could We See $50 Silver? Alan Hibbard on Schwab Network READ MORE Defying Milei: Argentine Province Prints Its Own Money to Survive READ MORE China's Energy Consumption Per Person Outstrips Europe, Led by Tech and Renewables READ MORE Add a Comment Cancel replyYour email address will not be published.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