COMMODITY
Copper futures settle down on firm American currency overseas
Jun-04-2025
Copper futures settled down on Tuesday, impacted by firm American currency overseas as investors grew cautious ahead of a potential call between the US President Donald Trump and Chinese leader Xi Jinping, after Trump accused China of violating an agreement to roll back tariffs. However, some falls were limited by a report showing a surprise uptick in April's job openings in the United States, which helped boost optimism regarding the health of the US economy.

Copper futures for July delivery lost $0.0245 to settle at $4.8340 a pound on the Comex metals division of New York Mercantile Exchange. Copper on the London Metal Exchange was up by 0.18 percent at $9,634 a ton.
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