recovery on the exchange

December futures on the Comex exchange in New York rose 1.1%.

December copper futures on the Comex exchange in New York rose 1.1% from Wednesday's closing price, reaching $4.44 per pound ($9,768 per ton).

Copper fell to $9,649 a ton on the London Metal Exchange (LME). Other industrial metals rose, with aluminum gaining 0.4% and zinc rising 0.5%.

Enthusiasm for China's growth-boosting moves has cooled as investors await clearer signs that the government will implement policies such as infrastructure investment to stimulate demand for goods.

Analysts at ANZ Group Holdings, including Daniel Hynes, said in a note that "The People's Bank of China's (PBOC) effective support for the equities market could ultimately benefit the commodities market." They added that stability in the real estate sector and a stronger equities market could lead to improved consumer sentiment, potentially fueling a stronger economic recovery and commodity demand.

ING analysts said: "We continue to expect fiscal stimulus in the coming weeks and months and have raised our 2025 growth forecast from 4.6% to 4.8% year-over-year in anticipation of stronger supportive policies."

Source: https://kinhtedothi.vn/gia-kim-loai-dong-ngay-11-10-phuc-hoi-บน-san-giao-dich.html