Prices for copper and other metals rose based on news about trade talks between the US and China


Reports about the upcoming talks between the US and China, proposed by the American side, pushed prices for copper and other metals to growth in Europe on Thursday, according to Dow Jones. On the London Metal Exchange, copper futures for delivery in 3 months rose in price by 0.8% to 6 thousand 49.5 dollars per metric ton. Gold rose in price by 0.1% to 1 thousand 211.5 dollars per troy ounce. Recently, the metals market has expressed concern about the trade conflict between the US and China, which accounts for about half of the world's demand for copper. Against this background, copper prices have decreased by 16% since the beginning of the year. Other non-ferrous metals, which main consumer is also China, on Thursday also showed a slight increase.

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