COMEX Copper futures surged to a record high as markets eyed the US tariffs on imports of the metal. COMEX Copper hit a record $5.37 per pound and is currently trading at around $5.27 per pound, up 1.28% on the day. The US President Donald Trump had told the Commerce Department to launch a probe into tariffs on copper last month. The red metal has spiked around 16% this month.

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