Copper futures ended lower on Thursday, tracked by strong dollar, which makes dollar-priced metals more expensive to holders of other currencies. Further, worries of a sooner-than-expected interest rate hike in the United States too added pressure on prices. However, some losses were capped after the White House announced support for the $579 billion Bipartisan Infrastructure Framework.
Copper futures for July delivery lost $0.0195 to settle at $4.3110 a pound on the Comex metals division of New York Mercantile Exchange. Copper on the London Metal Exchange was down 0.67 percent at $9,419 a ton.