Copper Holds Steady Near $6.58 Amid Hourly Range‑Bouncing

Commodities & Futures · samer saeed · August 28, 2026

Copper Holds Steady Near $6.58 Amid Hourly Range‑Bouncing

Copper has settled into a tight trading band, hovering just below $6.58 per pound. Over the past few hours the metal has been oscillating within a narrow chop zone, with price swings of only a few cents. Market participants appear cautious, weighing supply concerns against demand signals from key end‑users. The hourly charts show a consistent pattern of small pullbacks followed by quick rebounds, indicating a lack of clear directional bias. Traders will be watching for any break of the $6.58 mark that could signal a shift in sentiment.

WhatsApp Channel