COMMODITY
Copper futures settle down on strong dollar overseas
Jul-18-2025
Copper futures settled lower on Thursday as the US dollar strengthened against its major peers overseas, while strong US retail sales data supported the view the Federal Reserve can afford to wait a while longer before cutting interest rates again. Moreover, uncertainty surrounding the impact of new US tariffs also dampened copper prices.

Copper futures for September delivery fell $0.0135 to settle at $5.5125 a pound on the Comex metals division of New York Mercantile Exchange. However, Copper on the London Metal Exchange was up by 0.33 percent at $9,666.50 a ton.

  RELATED NEWS >>