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Copper futures trade lower on Monday

04 Aug 2025 Evaluate

Copper futures were trading lower on Monday after Trump's fresh tariff announcements, which sparked global trade war concerns and sharp decline in base metals. Although, weakness in American currency and revived hopes of a Fed rate cut in September following weaker-than-expected U.S. jobs data capped further losses in copper prices.

Copper futures for September delivery lost $0.0065 or 0.15% at $4.4290 a pound on the Comex metals division of New York Mercantile Exchange.


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