Front Month Comex Copper for January delivery gained 10.10 cents per pound, or 2.29% to $4.5125 this week
--Largest one week net and percentage gain since the week ending Nov. 12, 2021
--Up for two consecutive weeks
--Up 10.95 cents or 2.49% over the last two weeks
--Up six of the past seven weeks
--Today it is down 6.40 cents or 1.40%
--Largest one day dollar and percentage decline since Friday, Jan. 14, 2022
--Snaps a two session winning streak
--Down four of the past six sessions
--Off 5.57% from its 52-week high of $4.7785 hit Tuesday, May 11, 2021
--Up 27.51% from its 52-week low of $3.539 hit Tuesday, Feb. 2, 2021
--Rose 24.12% from 52 weeks ago
--Off 1.40% from its 2022 settlement high of $4.5765 hit Thursday, Jan. 20, 2022
--Up 3.87% from its 2022 settlement low of $4.3445 hit Monday, Jan. 10, 2022
--Off 5.57% from its record high of $4.7785 hit Tuesday, May 11, 2021
--Month-to-date it is up 1.29%
--Year-to-date it is up 5.75 cents or 1.29%
All prices are calculated based on the settlement price of the current front month contract.
Source: Dow Jones Market Data, FactSet
(END) Dow Jones Newswires
01-21-22 1403ET