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Copper futures settle down on Friday

25 Jan 2025 Evaluate
Copper futures settled down on Friday on weak demand globally, even after US President Donald Trump appeared to soften his approach toward tariffs on China. Although, some falls were limited by fresh Chinese stimulus measures and as dollar weakened to its one-month low against a basket of major currencies overseas.

Copper futures for March delivery lost $0.0075 to settle at $4.3210 a pound on the Comex metals division of New York Mercantile Exchange. However, Copper on the London Metal Exchange was up by 0.48 percent at $9,276 a ton.