Mumbai, Aug. 29 -- COMEX Copper futures stayed well supported, adding to robust gains in last session amid firm US equities. The metal soared 2.70% yesterday as US GDP expanded at 3.3% in April-June after shrinking 0.5% in the first three months of 2025. The department had initially estimated second-quarter growth at 3%. Copper also eyed long term clean energy demand and currently trades up 0.75% at $4.57 per pound. These are the highest levels in last one-month. The metal has gained around 5% in August after a 14% drop in previous month. Meanwhile, equities were mixed today. In Asia, China's Shanghai Composite index added 0.37%. Hong Kong's Hang Seng rose 0.32%. Japanese Nikkei average eased 0.26% on profit selling. European stocks eased a...
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.