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Copper leads base metals higher ahead of LME Week
LONDON: Copper prices led other base metals higher on Friday as a weaker dollar offered support, while equity markets stabilised after Thursday’s sharp selloff in technology stocks, improving risk appetite for growth-dependent metals. Benchmark three-month copper on the London Metal Exchange rose 0.9% to $14,480 a metric ton in official open-outcry trading, recovering from a near two-week low of $14,256 touched on Thursday. The annual LME Week gathering in London next week for metals consumers, producers, traders and brokers coincides with the third Wednesday of the month, when monthly LME con...
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