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24 April 2024

Copper dips on worries over rally strength

Copper dips on worries over rally strength. (AP)

Published
By Staff Writer

Copper prices fell from 20-month highs yesterday as investors worried the rally above $8,000 (Dh29,384) had been overdone, especially as top consumer China curbs bank lending. Copper for three-month delivery on the London Metal Exchange traded at $7,869 a tonne from $7,905 at the close on Monday.