COMMODITY
Copper futures settle higher on weakening American currency overseas
Jun-05-2025
Copper futures settled higher on Wednesday amid a weakening American currency overseas, while all eyes are on Friday's US payrolls report for clues on the Federal Reserve's next move. However, some gains were limited as weaker than expected US private payrolls data added to growing concerns over the impact of the Trump administration’s trade policies on the labour market.

Copper futures for July delivery gained $0.0525 to settle at $4.8865 a pound on the Comex metals division of New York Mercantile Exchange. Copper on the London Metal Exchange was down by 0.13 percent at $9,621.50 a ton.




  RELATED NEWS >>