Copper Prices Stabilize Ahead of Fed Rate Decision

Copper prices steadied on September 16, as traders reassessed supply concerns ahead of the Federal Reserve's decision on interest rates. The London Metal Exchange saw a slight gain in futures, building on the previous session's small increase.

Despite still being down sharply from the record reached last week, driven by bets on a US tariff-driven supply squeeze, prices showed resilience as traders eyed rising inventories and loosening spreads.