Base Metals Preview: Copper soars as Trump demands immediate rate cuts   (09:27, 24 Jan 2025)

Back

COMEX Copper futures are up today, recovering from a two week low. Prices edged in US trades yesterday amid positive cues from Wall Street on hopes that the US Fed will lower interest rates in the first quarter after US President Donald Trump said he will demand that interest rates drop immediately in the US to stimulate domestic growth. COMEX Copper futures jumped 0.90% to trade at $4.37 per pound.

Powered by Commodity Insights

Copyright © 2024 Arihant Capital Markets Ltd. All rights Reserved.

Designed,Developed and Content powered by CMOTS Infotech (ISO 9001:2015 certified)

x
  • QR-CodeNew