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London copper prices dip after US jobs data
Business World Philippines
|December 18, 2025
Copper prices retreated on Tuesday as investors assessed the latest US jobs data while thin year-end liquidity exacerbates price swings.
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Benchmark three-month copper on the London Metal Exchange (LME) lost 0.3% to $11,624.50 a metric ton by 1720 GMT. It hit a record of $11,952 on Friday on concern over tight supply.
The US data showed the November unemployment at more than a four-year high, though the recent government shutdown created some uncertainty over what this report means for the economy and the US Federal Reserve's policy outlook.
This story is from the December 18, 2025 edition of Business World Philippines.
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