Copper futures were trading lower on Monday as the intensifying clashes between Israel and Iran stoked fears of a broader regional conflict. Moreover, firm American currency against its major peers overseas ahead of monetary policy decisions by Fed, BOJ, BoE also dampened copper prices.
Copper futures for July delivery lost $0.0130 or 0.27% at $4.8015 a pound on the Comex metals division of New York Mercantile Exchange.