Comex copper prices were dragged lower on Thursday April 12 by escalating geopolitical tensions and signs that the US Federal Reserve will be aggressive in normalizing interest rates, boosting the dollar.
Copper for May settlement on the Comex division of the New York Mercantile Exchange tumbled 6.30 cents or 2% to $3.0540 per lb. The red metal has been unable to sustain any consistent direction for weeks. The chemical attacks in Syria reheated tensions between the United States and Russia with US President Donald Trump making a pointed attack...