Copper prices stabilize after rise due to uncertainty in U.S. data market

12:28 - 13.11.2025


November 13, Fineko/abc.az. Copper stabilized after four days of growth, as the market suffered from lack of data because of shutdown in the U.S.

ABC.AZ reports that the U.S. House of Representatives has passed a bill to end the longest shutdown in history, and now attention has shifted to the Federal Reserve System and the likelihood of further interest rate cuts. However, due to the lack of up-to-date economic statistics, it is more difficult than usual to predict the central bank's next move.

As of 10:06 a.m. (Baku time), December copper futures on the Comex exchange rose in price by 0.35% to $5.1235 per pound (nearly 0.45 kg).