Copper Prices Surge; Traders Close Positions
Update: 2025-11-19
Description
Copper prices surged on Wednesday, November 19th, with most contracts showing gains. The December twenty-five contract, a key indicator, closed at five dollars and one point four five cents, up by four point zero five cents from the previous day. Other contracts, like the January twenty-six, also saw increases. Despite this, the overall volume decreased to thirty-five thousand, nine hundred and ninety-seven contracts, and the open interest dropped by seven thousand, five hundred and ninety-four contracts. This suggests a mix of bullish sentiment and potential position closing among traders.
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