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Copper futures settle higher on Friday

21 Feb 2026 Evaluate
Copper futures settled higher on Friday, despite hawkish Federal Reserve signals earlier in the week. Copper prices improved by dip buying and as Wall Street cheered after the US Supreme Court struck down Trump’s sweeping reciprocal and global tariffs, which had previously weighed heavily on the outlook for global trade. A weak US dollar also makes copper more affordable for international buyers, which often leads to an increase in copper prices.

Copper futures for March delivery rose $0.1005 to settle at $5.8390 a pound on the Comex metals division of New York Mercantile Exchange. Copper on the London Metal Exchange was up by 1.21% at $12,964 a ton.

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