COMMODITY
Copper futures settle higher on Wednesday
Nov-12-2026
Copper futures settled higher on Wednesday, buoyed by AI-driven market optimism following strong earnings from neocloud provider CoreWeave and physical supply shortages in the world’s top metals consumer China. The upward movement was tempered by a strengthening American currency and growing expectations for aggressive Federal Reserve rate hikes in December.

Copper futures for December delivery rose $0.0555 to settle at $6.29 a pound on the Comex metals division of New York Mercantile Exchange. Copper on the London Metal Exchange was up by 1.01% at $13,817 a ton.
  RELATED NEWS >>