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Copper futures settle higher on Wednesday

30 Oct 2025 Evaluate
Copper futures settled higher on Wednesday, supported by growing demand from the clean-energy and artificial intelligence sectors. Copper prices improved further as the US Federal Reserve cut the benchmark interest rate by 25 bps to the range of 3.75% - 4% as widely expected by the market. Moreover, optimism over an imminent easing in US-China tensions and mounting concerns over global supply disruptions have also supported copper prices’ up-move. 

Copper futures for December delivery gained $0.0925 to settle at $5.2635 a pound on the Comex metals division of New York Mercantile Exchange. However, Copper on the London Metal Exchange was up by 1.31% at $11,183.50 a ton.

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