Weak US dollar leads copper markets higher

Copper rallies: An aerial view of the Los Bronces copper mine at Los Andes Mountain range, near Santiago, Chile. Copper, widely used in construction, has rallied 14 since Trump won the US election on Nov 8. – Reuters

SYDNEY: Copper crept higher as the dollar struggled amid concerns of US protectionism under the newly-formed administration of President Donald Trump.

Three-month copper on the London Metal Exchange was up by 0.5% to US$5,826.00 a tonne by 0700 GMT.