COMMODITY
Copper futures settle higher on weaker dollar
Jun-05-2026
Copper futures settled higher on Thursday, benefited by weaker dollar and falling US bond yields as easing Brent oil prices fuelled optimism surrounding a potential de-escalation in the Iran conflict. Meanwhile, traders are monitoring potential US tariff decisions that could impose duties on copper imports, prompting increased shipments into US ports ahead of any policy change.

Copper futures for July delivery rose $0.0275 to settle at $6.5350 a pound on the Comex metals division of New York Mercantile Exchange. Copper on the London Metal Exchange was up by 0.77% at $13,932 a ton.

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