COMMODITY
Copper futures settle higher as dollar falls
Jun-13-2025

Copper futures settled higher on Thursday as the US dollar fell to the weakest level in three years amid worries over US tariffs increased after the US President Donald Trump said he would notify trading partners soon of unilateral levies. Moreover, fresh bets on Federal Reserve rate cuts supported copper prices’ up-move.

Copper futures for July delivery gained $0.021 to settle at $4.8355 a pound on the Comex metals division of New York Mercantile Exchange. Copper on the London Metal Exchange was up by 0.56 percent at $9,702 a ton.

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