Base metal benchmarks mixed, copper gains steam after US political shift

08.11.2018

Copper prices rose on Wednesday after gains by the Democrats in U.S. elections cast doubt on further tax cuts, weakening the dollar and making metals cheaper for buyers with other currencies.

Benchmark copper on the London Metal Exchange (LME) traded up 0.6 percent at $6,193 a tonne in official rings.

"In the...