Copper Rebounds as Traders Say $12,000 Within Reach After Rally

Copper Rebounds as Traders Say $12,000 Within Reach After Rally

Copper Rebounds as Traders Say $12,000 Within Reach After Rally

Copper rebounded after Federal Reserve Chair Jerome Powell flagged another US rate cut this month and traders at the industry’s biggest annual gathering said a price of $12,000 a ton is within reach.

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(Bloomberg) — Copper rebounded after Federal Reserve Chair Jerome Powell flagged another US rate cut this month and traders at the industry’s biggest annual gathering said a price of $12,000 a ton is within reach.

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