Copper Up on Weaker Dollar, Hopes for Chinese Stimulus

July 31, 2024, 07.58 PM | Source: Reuters
Copper Up on Weaker Dollar, Hopes for Chinese Stimulus

ILUSTRASI. Copper prices rebounded on a weaker dollar and calls to boost consumption at a meeting of China's top decision-making body.

COPPER - LONDON. Copper prices rebounded on Wednesday on a weaker dollar and calls to boost consumption at a meeting of China's top decision-making body as the manufacturing sector continued to slow down.

The most traded three-month copper contract on the London Metal Exchange (LME) was near a one-week high of $9,169.5 per metric ton. It last traded 2% higher at $9,150 during official rings

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