COMMODITY
Copper futures settle marginally down on Thursday
Dec-06-2024
Copper futures settled marginally down on Thursday due to concerns over the impact of tariffs proposed by US President-elect Donald Trump and any retaliatory action from China. Meanwhile, investors are turning their attention towards China’s Central Economic Work Conference, where top leaders will set economic growth targets and plan the agenda for next year. Although, weak dollar limited further falls in copper prices.

Copper futures for March delivery lost $0.009 to settle at $4.1925 a pound on the Comex metals division of New York Mercantile Exchange. Copper on the London Metal Exchange was down by 0.09 percent at $9,074.50 a ton.

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