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Copper futures end lower on Monday

15 Jun 2021 Evaluate

Copper futures ended lower on Monday as the US dollar held study against its rivals overnight and the market awaited a much-anticipated US Federal Reserve meeting later this week that might signal a change in the outlook for US monetary policy.

Copper futures for July delivery fell $0.0105 to settle at $4.5270 a pound on the Comex metals division of New York Mercantile Exchange. Copper on the London Metal Exchange was down 0.32 percent at $9,971.50 a ton.