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Copper futures end lower on Tuesday

15 Sep 2021 Evaluate

Copper futures ended lower on Tuesday after softer-than-expected US inflation raised doubts that the US Federal Reserve would begin asset tapering this year. However, concerns of resurgence in Covid-19 infections across the world still persist.

Copper futures for December delivery fell $0.0460 to settle at $4.3210 a pound on the Comex metals division of New York Mercantile Exchange. Copper on the London Metal Exchange was down 1.26 percent at $9,442 a ton.