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Copper futures settled down ahead of US producer price index data
May-15-2025

Copper futures settled down on Wednesday ahead of US producer price index data for clues on the US Federal Reserve's interest rate trajectory. Moreover, ongoing uncertainties over US President Donald Trump's trade policies also weighed on copper prices. However, a steady dollar index against major currencies overseas limited further falls in copper prices.

Copper futures for July delivery fell $0.0725 to settle at $4.6505 a pound on the Comex metals division of New York Mercantile Exchange. Although, Copper on the London Metal Exchange was up by 0.07 percent at $9,606.50 a ton.

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