Copper futures hit record high

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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.

This article was originally published by Marketwatch.com. Read the original article here.

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