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Copper futures settle down on Thursday

22 May 2026 Evaluate
Copper futures settled down on Thursday, pressured by a strong US dollar against major currencies overseas as hawkish Federal Reserve expectations and persistent inflation fears cooled risk appetite. Lingering geopolitical uncertainties further dampened market sentiments.

Copper futures for July delivery fell $0.0365 to settle at $6.2940 a pound on the Comex metals division of New York Mercantile Exchange. Copper on the London Metal Exchange was down by 1.03% at $13,515.50 a ton.