Skip to main content

MoneyWorks4Me

Copper futures trade down on Tuesday

20 Jun 2023 Evaluate
Copper futures traded down on Tuesday as investors grew cautious ahead of cues on US monetary policy this week. Moreover, a stronger dollar also makes dollar-priced metals more expensive for holders of other currencies.

Copper futures for July delivery lost 1.11% or $0.0430 at $3.8460 a pound on the comex metals division of New York Mercantile Exchange.