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Base Metals Preview: COMEX copper attempts recovery after a drop under $6 per pound mark
25-Jun-2026 08:53

COMEX copper is attempting recovery in early Asia on Thursday following a sharp drop under $6 per pound mark. The red metal stays pressured as dollar stands tall amid rising expectation of upcoming Federal rate hikes to tame down soaring inflation levels. Meanwhile, on the Wall Street, the Dow climbed 182.06 points or 0.35 percent to finish at 51,848.90, while the NASDAQ slumped 110.40 points or 0.43 percent to close at 25,476.63 and the S&P 500 slipped 7.24 points or 0.10 percent to end at 7,358.22. Currently, the counter is quoting at $5.99 per pound, up and half a percent and is seen snapping a three day losing streak.

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