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Copper futures settle higher on Tuesday

24 Dec 2025 Evaluate
Copper futures settled higher on Tuesday, extending the metal’s recent rally as mine disruptions add to concerns about supply of the vital industrial metal, while demand outlook remains strong as the artificial intelligence sector drives rapidly rising electricity needs. Moreover, softer dollar and potential US interest-rate cuts have also supported red metal prices.

Copper futures for March delivery rose $0.0425 to settle at $5.5520 a pound on the Comex metals division of New York Mercantile Exchange. Copper on the London Metal Exchange was up by 1.14% at $12,060.50 a ton.

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