COMMODITY
Copper futures settle marginally higher on weak American currency
Mar-29-2025

Copper futures settled marginally higher on Friday as the American currency weakened against its major peers ahead of the Trump administration's reciprocal tariffs, which are expected to be announced next week. Moreover, expectations surrounding the Federal Reserve’s interest rate cuts also supported copper prices’ up-move.

Copper futures for May delivery gained $0.0105 to settle at $5.13 a pound on the Comex metals division of New York Mercantile Exchange. Copper on the London Metal Exchange was down by 0.53 percent at $9,794.50 a ton.

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