MoneyWorks4Me

Copper futures settle lower on Friday

06 Jun 2026 Evaluate
Copper futures settled lower on Friday as resilient US labour market reinforced expectations that the Federal Reserve will keep interest rates higher for longer to address inflation pressures. Additionally, a strong US dollar also made copper more expensive for international buyers. The latest data showed the US economy added 172,000 jobs in May and the country’s unemployment rate held steady at 4.3%. Meanwhile, traders were monitoring potential US tariff decisions that could impose duties on copper imports, prompting increased shipments into US ports ahead of any policy change. Traders also continued to closely monitor developments in the Middle East.

Copper futures for July delivery fell $0.2505 to settle at $6.2845 a pound on the Comex metals division of New York Mercantile Exchange. Copper on the London Metal Exchange was down by 2.96% at $13,519.50 a ton.

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through: