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Copper futures settle higher as US dollar weakens overseas

13 Aug 2025 Evaluate
Copper futures settled higher on Tuesday as the US dollar weakened against its major peers overseas after data on US headline inflation came in below expectations, which reinforced Fed rate cut prospects for September. Meanwhile, sentiments improved further on eased trade tensions after the US and China extended their tariff truce for 90 days.

Copper futures for September delivery gained $0.0855 to settle at $4.5255 a pound on the Comex metals division of New York Mercantile Exchange. Copper on the London Metal Exchange was up by 1.12 percent at $9,840.50 a ton.