Skip to main content

MoneyWorks4Me

Copper futures settle lower on Tuesday

28 Sep 2022 Evaluate
Copper futures settled lower on Tuesday, even as aggressive interest rate hikes by global central banks and climbing inventories still make investors nervous. 

Copper futures for December delivery lost $0.011 to settle at $3.2835 a pound on the Comex metals division of New York Mercantile Exchange. However, Copper on the London Metal Exchange was up 0.16 percent at $7,353 a ton.