COMMODITY
Copper futures settle down on Thursday
Nov-13-2026
Copper futures settled lower on Thursday, driven by softer industrial demand and broader sell-off in tech and AI-linked sectors following news that Nvidia CEO Jensen Huang stepped down amid an alleged espionage affair. Moreover, a strengthening American currency amid expectations of more aggressive US interest rate hikes following hotter-than-expected inflation data also weighed on copper prices.

Copper futures for December delivery fell $0.094 to settle at $6.1960 a pound on the Comex metals division of New York Mercantile Exchange. Copper on the London Metal Exchange was down by 1.66% at $13,588 a ton.

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