Supply Constraint Worries Push Metals Prices Up

Metals were higher on concerns over supply constraints and a broadly improved market sentiment.

Sucden Financial said seasonal activity is expected to pick up in the new year for copper and support prices above the $8,600 a metric ton level.

Meantime, gold made solid gains on a weaker dollar, weighed by the prospect of Fed interest-rate cuts early next year.


Posted

in

by

Tags: