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Copper futures settle down on Wednesday

31 Oct 2024 Evaluate
Copper futures settled down on Wednesday as investors braced for the US presidential election due on November 5, while also awaiting the Chinese top leadership meeting next week for more details of China's stimulus measures. However, weak dollar overseas has checked further falls in copper prices.

Copper futures for December delivery lost $0.0090 to settle at $4.3515 a pound on the Comex metals division of New York Mercantile Exchange. Copper on the London Metal Exchange was up by 0.08 percent at $9,538 a ton.