COMMODITY
Copper futures settle down on profit booking
Dec-03-2025
Copper futures settled down on Tuesday amid profit booking after recent gains. Meanwhile, investors awaited the upcoming US economic data, including the November ADP employment report and the September Personal Consumption Expenditures (PCE) Index for clues on potential rate cuts later this week. Investors were also watching developments in Washington, where Trump is expected to decide on a successor to Federal Reserve Chair Jerome Powell.

Copper futures for March delivery fell $0.06 to settle at $5.2430 a pound on the Comex metals division of New York Mercantile Exchange. Copper on the London Metal Exchange was down by 0.95% at $11,145 a ton.

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