Comex copper prices hit a multi-week high in morning tradingin the United States on Friday November 16, amid improving macroeconomic fundamentals and with trade talks to be held between the US and China.
The copper price for December settlement on the Comex division of the New York Mercantile Exchange rose by 2.25 cents to $2.7690 per lb on Friday. Earlier in the trading session, the contract peaked at $2.7735 per lb, the highest price since November 6.European equity markets also improved over the morning, further boosting base metals prices. Expectations of further rises in the interest...