Copper Prices Flat Ahead of Fed Meeting

Copper prices remained relatively unchanged Sept. 17 from the previous session as investors await the US Federal Reserve’s decision on the stimulus program, Reuters reported. The Fed began its two-day meeting today, and an announcement regarding the monetary stimulus is expected tomorrow.

Benchmark copper on the London Metal Exchange was flat from the Sept. 16 close at $7,085 a tonne, according to Reuters.

Copper futures for December delivery rose by $0.01 to $3.23 a pound on the COMEX in New York, MarketWatch reported.