Copper rises to 6-week high

Copper prices rose today as dollar fell amid market's hopes about the next round of the US-China trade talks.

President Trump announced the delaying of the $250 billion tariffs increase on Chinese imports for nearly two weeks in a good will gesture, until October 15th due to the National Day of the People's Republic of China.

Trump want to pave the way for constructive negotiations between Washington and Beijing, which will begin in October while aiming for a long-term trade agreement.

Which came after China announced the exemption of 16 US products from 25% tariffs for a year.

By 14:39 GMT, the dollar index fell against a basket of currencies by 0.2% to 98.1 points, with a high of 98.43 and a low of 98.0.

By 14:34 GMT, copper rose by 2.1% to $2.695 per pound, with a high of $2.698 and a low of $2.6405.