Copper Pulls Back from Record Highs as Market Awaits Tariff Decision

Published: Jun 5, 2026 09:14

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Copper prices eased slightly on June 5 after recently reaching record highs, with COMEX copper trading around $6.46 per pound. Despite the pullback, prices remain more than 30% above year-ago levels. Investors are closely monitoring the U.S. copper tariff investigation and the pace of mine supply recovery. Industry expect elevated volatility to continue while supply risks remain unresolved.

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