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Copper futures settle higher on Friday

04 Oct 2025 Evaluate
Copper futures settled higher on Friday as the American currency posted multi-week losses against its major currency rivals on growing concerns over the economic impact of a prolonged US government shutdown. Meanwhile, expectations of interest rate cuts by the US Federal Reserve also supported copper prices’ up-move.

Copper futures for December delivery gained $0.1595 to settle at $5.1090 a pound on the Comex metals division of New York Mercantile Exchange. Copper on the London Metal Exchange was up by 2.14 percent at $10,715.50 a ton.

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