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Copper futures settle higher as US dollar weakens overseas

15 Jan 2026 Evaluate
Copper futures settled higher on Wednesday as the US dollar weakened against its major peers overseas, even as the latest US inflation data cemented the case for the Federal Reserve to hold rates unchanged in January. Copper prices gained further as fears of potential new US tariffs on refined copper and disruptions at major South American producers have constrained global supply.

Copper futures for March delivery rose $0.0395 to settle at $6.0555 a pound on the Comex metals division of New York Mercantile Exchange. Copper on the London Metal Exchange was up by 0.19% at $13,188.50 a ton.

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