In today's metals market, Copper futures traded higher, reaching a one-and-a-half-month high and reclaiming the $6.00 handle with a gain of over 2%. The rally is largely driven by historically low production and inventory levels from miners, which continues to impact the broader pricing structure. Additionally, a shift in market sentiment helped the metals complex recover from early weakness. Platinum and Palladium futures bounced off intraday lows alongside strength in equity markets. While Gold and Silver futures traded slightly lower on the day, they remain well off their mid-March lows and continue to maintain a broader upward trend.
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