Copper price declined by more than 0.86% today as traders continued to worry about the rising number of coronavirus cases. The metal is trading at $2.7477, which is slightly below the day’s high of $2.7766. Other metals have declined too, with gold, silver, and palladium down by 0.52%, 1.26%, and 0.90% respectively.
More in Commodities:
- Brent Crude Oil Price Extends Losses After Better-than-Expected NFP Data Aug 07, 2020, 17:46 BST
- Copper Price Update: Red Metal Extends Losses On Supply Boost, NFP Data Aug 07, 2020, 16:59 BST
- Were Today’s Non-Farm Payrolls (NFP) Numbers Enough to Stop the Gold Price Surge? Aug 07, 2020, 14:19 BST