COMMODITY
Copper futures settle down on Tuesday
Oct-30-2024

Copper futures settled down on Tuesday amidst a steady dollar at overseas markets ahead of next week's US presidential election and a cautious Federal Reserve stance on interest rates. However, some falls were limited by reports of a possible fresh announcement of Chinese stimulus worth over 10 trillion yuan ($1.4 trillion) aimed at reviving its fragile economy.

Copper futures for December delivery lost $0.0020 to settle at $4.3605 a pound on the Comex metals division of New York Mercantile Exchange. Copper on the London Metal Exchange was down by 0.12 percent at $9,530.50 a ton.

  RELATED NEWS >>