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The Economic Times
The Economic Times

Copper slips ahead of Fed rate decision, aluminium rises on Gulf fighting

​Copper fell on Wednesday in cautious ​trade ahead of a Federal Reserve interest rate decision later ​in the day and signs of easing supply tightness in the world's biggest consumer China, while aluminium rose in response to renewed fighting in the Middle East.

Benchmark three-month copper ‌on the ⁠London Metal Exchange ⁠was down 0.4% at $13,631 a metric ton by 1002 GMT, but held above the 50-day ​moving average, providing support at $13,576.

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