Copper touches 5-week high.

AuthorKazmi, S. Kamal Hayder
PositionBrief article

Byline: S. Kamal Hayder Kazmi

Copper prices hit five-week highs on Wednesday after U.S. Treasury Secretary Steve Mnuchin said a US-China trade deal was 90 percent complete, but gains were capped by a higher dollar and concern about demand in top consumer China. Benchmark copper on the London Metal Exchange was down 0.1 percent at $6,036 a tonne at 1003 GMT. Prices of the metal used widely in the power and...

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