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Copper rises on weaker dollar and downgrade to Chile production outlook
LONDON: Copper prices rose on Monday, supported by a weaker dollar, lower oil prices and a downgrade to Chile’s copper production outlook, though investors remained cautious ahead of Tuesday’s US midterm elections. Benchmark three-month copper on the London Metal Exchange was up 0.7% at $14,251 a metric ton by 1034 GMT. The dollar eased and oil prices fell after talks between Iranian and Qatari officials aimed at pushing for a deal to end the US-Israeli war on Iran. Brent ended October at its highest in six months on concerns that tensions could flare again after the US midterm elections. Mean...
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