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Precious metals: copper is on the rise

02/07/2025
Source : ORISHAS FINANCE
Categories: Raw materials

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Copper prices rose on Wednesday. The yuan plus strong in China, the main metal-consuming country, and the weak dollar offset uncertainty about global trade

tensions.

Three-month copper on the London Metal Exchange was up 0.2% to $9,951 per metric ton at 10:25 GMT. The metal, used in energy and construction, started the second half of 2025 by testing the key psychological bar of $10,000 on Tuesday for the first time in three months, as solid manufacturing data in China's main consumer country improved sentiment

.

LME aluminum fell 0.2% to $2,593.50 per ton, zinc rose 0.4% to $2,725.50, lead climbed 0.4% to $2,046.50, lead climbed 0.4% to $2,046.50, tin lost 0.6% to $33,430 per ton, and nickel gained 0.1% to $15,220.

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