Copper Slips on Fed Uncertainty

Copper prices continued to decline September 24. In London, copper futures fell to $7,172.85 a tonne, down $71.73 from the previous session, Reuters reported.

Later, the metal rose slightly to $7,227.51 a tonne, but remains well below last week’s high of $7,368, the source said.

On the Comex in New York, copper prices were also down $0.33 to $3.27 a pound, Investing.com reported.

Like other metals, copper prices are being impacted by a lack of clarity on when the Federal Reserve will begin pulling back on its stimulus program.