COMEX Copper soars around 7% this month

COMEX Copper raced higher in year-end trades, consolidating near five-month highs. Cues from equities are stable. Asian stocks ended mixed on Wednesday, as traders stayed away on the sidelines ahead of Christmas holidays. China's Shanghai Composite index added 0.45% while Hong Kong's Hang Seng index edged up 0.17%. Japanese Nikkei 225 index moved up 0.11% on the day. European stocks rose modestly. The S&P 500 reached a new all-time high on December 24, 2025, extending winning streak to a fourth straight session. The benchmark index gained around 0.5 percent. The Nasdaq Composite added 0.57% while Dow rose 0.16%. Copper is currently trading at $5.63 per pound following this, up 1.50% on the day. The metal has zoomed around 7% this month so far.

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