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Copper futures settle higher despite strong dollar overseas

08 Oct 2025 Evaluate
Copper futures settled higher on Tuesday, even though a strong dollar and the ongoing shutdown of the US government are keeping copper under pressure. Meanwhile, copper prices supported by recent reports of supply disruptions at major mines and expectations that the Federal Reserve will cut interest rates again this month. 

Copper futures for December delivery gained $0.0595 to settle at $5.0975 a pound on the Comex metals division of New York Mercantile Exchange. Copper on the London Metal Exchange was up by 1 percent at $10,761 a ton.

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