Comex copper prices failed to maintain the previous day's gains amid a surging dollar on Thursday April 25, which is putting downward pressure on most of the base metals prices.
The copper price for May settlement on the Comex division of the New York Mercantile Exchange tumbled 3.8 cents to $2.8720 per lb. The red metal has been unable to set a clear price direction over the past few weeks, with a volatile dollar providing both support and headwinds to the market. At last glance, the dollar index was at...