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Base Metals Preview: COMEX copper clings on to $6 per pound mark
28-Apr-2026 09:27

COMEX copper is staying flat just above $6 per pound mark on Tuesday morning in Asia as dollar stays firmly above 98 mark amid persistent geopolitical tensions in Middle East. Meanwhile, investors shift their focus to the Federal Reserve's (Fed) monetary policy, which will be announced on Wednesday. Overnight equities were mostly mixed. While the Nasdaq rose 50.50 points or 0.2 percent to 24,887.10 and the S&P 500 inched up 8.83 points or 0.1 percent to 7,173.91, reaching new record closing highs, the Dow edged down 62.92 points or 0.1 percent to 49,167.79.

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