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Copper prices fall on stronger dollar, uncertainty
Business World Philippines
|August 20, 2025
Copper prices fell on Monday due to a stronger dollar and uncertainty ahead of a crucial event for the outlook for US interest rates and a meeting between US President Donald J. Trump and his Ukrainian counterpart Volodymyr Zelensky.
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Three-month copper on the London Metal Exchange (LME) lost 0.3% to $9,745 a metric ton by 1621GMT.
“The week has begun with a cautious tone for base metals as the markets await the Trump-Zelensky meeting as well as any interest rate signals from the Fed’s Jackson Hole meetings,” said Ewa Manthey, commodities strategist at ING.
This story is from the August 20, 2025 edition of Business World Philippines.
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