Copper rises on signs of active Chinese demand
Three-month copper on the LME gained 0.7% to $14,188, supported by signs of active demand in China, though traders are wary of potential volatility ahead of the U.S. Fed rate decision.
Copper prices rose on Wednesday, supported by signs of active demand in top consumer China, while traders stayed cautious ahead of the U.S. Federal Reserve's interest rate decision. Three-month copper on the London Metal Exchange LME:CA1! gained 0.7% to $14,188.