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Copper swells to hit one-month high
(26-Nov-2025, 17:15 Hours IST)
COMEX Copper futures swelled today, rising in tune with the equities as a break above $5 per pound extended for the red metal. Asian stocks mostly rose for a third day running on Wednesday as weak US economic data bolstered investor hopes for a Federal Reserve interest rate cut next month. Overnight cues were firm as the Dow jumped 1.4%. European stocks traded higher, adding to the previous session's gains amid Fed rate cut hopes and signs of progress in talks to end the war in Ukraine. COMEX Copper futures are currently trading at $5.20 per pound, up 2.16% on the day and hitting around one-month high. The counter has zoomed around 3.70% this week.

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