COMMODITY
Copper futures settle higher on Wednesday
Jan-09-2025

Copper futures settled higher on Wednesday on improved global demand despite firmer dollar index after a report that US President-elect Donald Trump was mulling emergency measures to allow for a new tariff program. Meanwhile, investors were eagerly awaiting US jobs report on Friday for clarity on the Federal Reserve’s interest rate stance for 2025.

Copper futures for March delivery gained $0.063 to settle at $4.2585 a pound on the Comex metals division of New York Mercantile Exchange. Copper on the London Metal Exchange was up by 0.32 percent at $9,031.50 a ton.


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