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Base Metals Preview: COMEX copper down over half a percent in early Asia
17-Sep-2025 09:16

COMEX copper is seen pulling back from around a one and half month high on Wednesday morning in Asia tracking choppy trading on Wall Street as the Federal Reserve began its two-day monetary policy meeting. The major averages eventually ended the day modestly lower. The Dow dipped 125.55 points or 0.3 percent to 45,757.90, the Nasdaq slipped 14.79 points or 0.1 percent to 22,333.96 and the S&P 500 edged down 8.52 points or 0.1 percent to 6,606.76. Weakness in dollar is however seen limiting losses in the counter which is trading at $4.66 per pound, down more than half a percent on the day. On MCX, Copper futures are trading near 910 per kg.

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