Copper Prices Surge, Investor Confidence Soars

Copper prices surged on Wednesday, November 26th, with most future contracts showing an upward trend. The December 25th contract closed at $5.085 per pound, up by over 8 cents, while the January 26th contract closed at $5.121 per pound, an increase of nearly 9 cents. The market saw significant trading activity with over 110,000 contracts, and open interest increased by nearly 2,000 contracts, indicating new investor confidence in the metal.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.