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Copper futures settle down on Tuesday

18 Jun 2025 Evaluate

Copper futures settled down on Tuesday, as investor sentiment remained cautious due to escalating tensions between Israel and Iran. Moreover, firm American currency also weighed on copper prices. Although, stronger-than-expected retail sales data from China, which boosted hopes of a demand revival for the red metal.

Copper futures for July delivery lost $0.0270 to settle at $4.8090 a pound on the Comex metals division of New York Mercantile Exchange. Copper on the London Metal Exchange was down by 0.35 percent at $9,669.00 a ton.