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Copper futures settle down on strong dollar overseas

01 Nov 2025 Evaluate
Copper futures settled down on Friday as the US dollar climbed overseas after Kansas City Fed President Jeff Schmid, Dallas Fed President Lorie Logan, and Cleveland Fed President Beth Hammack cited reasons for opposing Fed rate cuts. Moreover, weaker Chinese demand and a supply fears also dampened sentiments.

Copper futures for December delivery fell $0.015 to settle at $5.0890 a pound on the Comex metals division of New York Mercantile Exchange. Copper on the London Metal Exchange was down by 0.27% at $ 10,887.50 a ton.

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