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Copper futures settle lower on Friday

16 May 2026 Evaluate
Copper futures settled lower on Friday, pressured by accelerating US inflation and soaring US Treasury yields that drove the dollar to multi-week highs. A stronger US dollar makes copper more expensive for international buyers.

Copper futures for July delivery fell $0.3165 to settle at $6.2950 a pound on the Comex metals division of New York Mercantile Exchange. Copper on the London Metal Exchange was down by 2.75% at $13,555 a ton.