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Copper futures settle down on mounting Israel-Iran war fears

21 Jun 2025 Evaluate
Copper futures settled down on Friday on the back of mounting Israel-Iran war fears after the US President Donald Trump held back from immediate military action in the conflict. Although, the weak dollar limited further losses in copper prices.

Copper futures for July delivery lost $0.0195 to settle at $4.8335 a pound on the Comex metals division of New York Mercantile Exchange. However, Copper on the London Metal Exchange was up by 0.19 percent at $9,633.50 a ton.