Comex copper prices moved higher on Wednesday November 14 despite a stronger dollar due to growing optimism that a bilateral trade agreement between the United States and China could be reached in the next few months.
The copper price for December settlement on the Comex division of the New York Mercantile Exchange gained 1.25 cents to $2.6995 per lb. Markets have seen chaotic price movement in the past week with oil and base metals facing heavy selling pressure. The volatile moves prompted US stock markets to retract on Tuesday, which has contributed to lackluster trading this morning, despite market...