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Commodity News Details
COMEX Copper under check amid weak Asian equities
16-Dec-2025 17:20
COMEX Copper futures fell today, giving up after a 1% spike in last session. Metals turned lower amid weak US dollar after Ukrainian President Volodymyr Zelenskyy has reportedly stated that proposals negotiated with US officials on a peace deal to end Russia's war in Ukraine could be finalised within days. This pulled bullion counters down and also weighed on Copper. Equities were weak in Asia. China's Shanghai Composite index lost 1.11% and Hong Kong' Hang Seng index fell 1.54%. Japan's Nikkei index lost 1.56% to close below the 50,000 mark for the first time in over three months. COMEX Copper futures are currently quoting at $5.36 per pound, down 0.86% on the day after falling near 5.32 per pound earlier in the session.

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