Copper futures ended higher on Monday tracking rising US equity market and the US dollar plunged sharply overnight. Meanwhile, investors are eyeing commentary from Federal Reserve officials this week after St. Louis’s James Bullard said last week interest rates may need to rise in 2022.
Copper futures for July delivery gained $0.0270 to settle at $4.1840 a pound on the Comex metals division of New York Mercantile Exchange. Copper on the London Metal Exchange was up 0.38 percent at $9,180 a ton.