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Copper futures settle lower on Wednesday
Jun-11-2026
Copper futures settled lower on Wednesday, driven by escalating geopolitical conflict between the United States and Iran, which has stoked fears of persistent global inflation, higher interest rates and slower economic growth. Meanwhile, a stronger American currency also made dollar-denominated commodities like copper more expensive for holders of other currencies, suppressing demand.

Copper futures for July delivery fell $0.055 to settle at $6.2670 a pound on the Comex metals division of New York Mercantile Exchange. Copper on the London Metal Exchange was down by 0.73% at $13,515.50 a ton.
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