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Copper futures settle higher on Thursday

24 Oct 2025 Evaluate
Copper futures settled higher on Thursday on firm demand after Goldman Sachs Group Inc. pointed to a near-term bullish view among traders, while a conservative production target from Chilean miner Antofagasta Plc added to metal’s supply worries. Expectations of further stimulus measures from China also supported copper prices’ up-move. Meanwhile, investors are awaiting delayed US CPI inflation data that is unlikely to deter the Federal Reserve from lowering interest rates next week.

Copper futures for December delivery gained $0.115 to settle at $5.1105 a pound on the Comex metals division of New York Mercantile Exchange. Copper on the London Metal Exchange was up by 1.80% at $10,854.50 a ton.