London copper prices fell on Wednesday as the dollar stayed firm on safe-haven demand fueled by worries over a spike in COVID-19 cases around the world.
Three-month copper on the London Metal Exchange fell 0.5 percent to $9,285.50 a ton, while the most-traded August copper contract on the Shanghai Futures Exchange rose 0.4 percent to 68,180 yuan ($10,527.13) a ton, tracking overnight gains in London.
The dollar stayed near three-month highs as the Delta variant of the novel coronavirus was rampant in the United States, Europe and Asia, making greenback-priced metals more expensive to holders of other currencies.
