COMMODITY
Copper futures settle higher on Friday
Sep-05-2026

Copper futures settled higher on Friday amid robust demand and thinning inventories outside the United States ahead of a proposed 15% US tariff on refined copper set to take effect on January 1, 2027. However, further gains were limited by strength in American currency against major rivals overseas after data showed that US employers added more jobs than expected in August, boosting bets on a September Federal Reserve interest rate hike.

Copper futures for December delivery rose $0.018 to settle at $6.6825 a pound on the Comex metals division of New York Mercantile Exchange. Copper on the London Metal Exchange was up by 0.57% at $14,415.50 a ton.

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