COMMODITY
Copper futures end tad lower as dollar firms
Sep-17-2020

Copper futures ended marginally lower on Wednesday as the US dollar firmed after the Federal Reserve signaled it plans to keep a key US short-term interest rate near zero at least through the end of 2023 and said it expects the US economic recovery from the corona virus pandemic crisis to accelerate with unemployment falling faster than the central bank expected in June.

Copper futures for December delivery fell 0.07 percent to settle at $3.061 a pound on the Comex metals division of New York Mercantile Exchange. However, Copper on the London Metal Exchange was up 0.23% at $6,777 a ton.

  RELATED NEWS >>