Reported 19 days ago
Copper prices dropped as the dollar strengthened following Donald Trump's early lead in the US elections, with a 1.9% decline to $9,553 per ton. The increase in the dollar, which rose by 1.6%, made metals more expensive for many buyers, contributing to losses across various metals, including zinc and aluminum. Despite recent gains in the market driven by positive economic indicators from China, the uncertainty surrounding the election results impacted commodity prices.
Source: YAHOO