Copper futures rise over 2%, mark record high Friday

34127 copper futures rise over 2 mark record high friday

High-grade copper surged to a record on Friday, as commodity prices soared amid intensifying concerns about the market implications of an invasion of Ukraine by Russia and a series of sanctions leveled against the Kremlin in response to its unprovoked attack.

May copper HGH22, +2.77% HG00, +2.87% was trading 2.4% higher to around $4.901 a pound, marking a record for the industrial metal.

Source: Marketwatch

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