Copper rose to an all-time high on Friday as the biggest economies showing signs of recovery from COVID-19 pandemic. On the Multi Commodity Exchange, copper contracts for delivery in May traded higher by 1.8% at Rs 784.50 per kg at 5 pm. Bank of America commodity strategist Michael Widmer said, “Linked to that, we forecast copper market deficits, and further …
For more than century, it was filled with the sound of traders bellowing prices at each other. But since March last year, the historic open outcry Ring at the London Metal Exchange has been silent. Dealers were sent away from the site’s red leather benches for the first time since the Second World War as the pandemic took hold and …