Surging dollar pushes base metal prices down

04.11.2022

Copper prices slumped on Thursday after the U.S. Federal Reserve failed to provide a clear signal for less aggressive increases to interest rates as a global slowdown curbs demand for metals.

Three-month copper on the London Metal Exchange (LME) slid 1.9% to $7,480 a tonne in official open-outcry trading after dipping...