COMMODITY
Copper futures settle down on Tuesday
May-21-2025
Copper futures settled down on Tuesday amid uncertainty over US tariff policy, while Federal Reserve Bank of St. Louis President Alberto Musalem has warned that tariffs will likely weigh on the US economy and weaken the labor market. However, weaker American currency makes dollar-priced commodities cheaper for holders of other currencies.

Copper futures for July delivery fell $0.0165 to settle at $4.6540 a pound on the Comex metals division of New York Mercantile Exchange. Copper on the London Metal Exchange was down by 0.04 percent at $9,519.50 a ton.
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