(17 Nov 2025, 17:44)

Copper consolidates around $5 per pound

COMEX Copper futures consolidated just above $5 per pound, witnessing a narrow trading band as mostly tepid equities capped the price action. The metal currently trades at $5.03 per pound, down 0.65% on the day. In Asia, the Shanghai Composite eased 0.46%. Hong Kong Hang Seng Index fell 0.71%. Japan’s Nikkei index slipped 0.10%, testing around two-week low. European shares saw mixed movement on the first session of the week. In the US markets on Friday, the tech-heavy Nasdaq added 0.1% while the S&P 500 edged down by similar margin. The Dow fell further from record highs and shed 0.7%.

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Copper consolidates around $5 per pound