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Base Metals Preview: Copper down half a percent in Asia

02-Jul-2026 | 09:08
Copper turned lower yesterday as equities saw a choppy start to new quarter. The Dow Jones Industrial Average hit a record high before easing on Wednesday, while the Nasdaq Composite struggled amid declines in chipmakers. COMEX Copper futures are witnessing tepid moves this week after sliding heavily in last week. The metal currently trades at $6.16 per pound, down half a percent on the day.

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