COMMODITY
Copper futures settle down on Monday
Jun-30-2026
Copper futures settled lower on Monday as market participants awaited fresh peace talks between the United States and Iran in Doha, and on expectations that the US Federal Reserve would maintain tight monetary policy after policymakers signalled growing support for interest-rate hikes to combat sticky US inflation. Additionally, the US dollar remained on track for a monthly gain, making dollar-priced commodities like copper more expensive for international buyers and weighing on prices.

Copper futures for September delivery fell $0.0435 to settle at $6.1635 a pound on the Comex metals division of New York Mercantile Exchange. Copper on the London Metal Exchange was down by 0.59% at $13,278.50 a ton.

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