Copper futures were trading down on Monday as the US dollar strengthened against its major peers overseas and uncertainty about the outcome of the upcoming US presidential election on November 5, while investors are also cautiously awaiting US inflation data and GDP prints this week to gauge the possibility of further interest rate cuts by the US Federal Reserve.
Copper futures for December delivery lost by $0.0250 or 0.57% at $4.3455 a pound on the Comex metals division of New York Mercantile Exchange.