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Copper futures settle down on strong dollar overseas

18 Nov 2025 Evaluate
Copper futures settled in negative territory on Monday as the American currency strengthened against its major peers overseas on caution ahead of a backlog of US economic releases delayed by the recent government shutdown. In addition, concerns about a possible rate cut at the next central bank meeting in December followed by hawkish comments from Fed officials also dragged copper prices lower.

Copper futures for December delivery slipped $0.051 to settle at $5.0120 a pound on the Comex metals division of New York Mercantile Exchange. Copper on the London Metal Exchange was down by 0.68% at $10,778.50 a ton.

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