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Commodity Post Session News

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(28 Mar 2025, 18:06)

Copper zooms nearly 28% in March quarter

COMEX Copper stabilized today after tanking more than 2% in last session. Sustained worries over US tariff announcements dominated the sentiments while lax equities capped upside for the metal. The commodity currently trades at $5.13 per pound, up 0.28% on the day. The metal is up nearly 13% this month and is about to wrap up the current quarter with a whopping gain of 28%. Meanwhile, in Asia today, China's Shanghai Composite index lost 0.67% while Hong Kong's Hang Seng index fell 0.65%. Japanese Nikkei average tanked 1.80% on selling in manufacturing and automobile counters. European stocks fell on global trade worries. German DAX and French CAC shed half a percent each. Major US indices fell yesterday as markets eyed tariff announcements.
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