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Commodity

Commodity Analysis

End Session Commentary

 
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COMEX Copper fails to sustain above $6 per pound
(12-Feb-2026, 17:33 Hours IST)  
COMEX Copper futures are edging up today but overall mood is cautious after the metal hit a one-week high yesterday. The counter currently trades at $5.98 per pound, up 0.32% on the day. In Asia, Shanghai Composite index closed slightly higher while Hong Kong's Hang Seng index fell 0.86%. Japanese NIKKEI 225 index closed marginally lower after briefly testing 58000 mark. European stocks gained impressively with German and French indices rallying around 1%. The US stocks ended marginally lower in last session. Dow fell 0.1%, the Nasdaq dipped 0.2% and the S&P 500 ended flat. Copper saw good gains in last session but eased in intraday moves and dipped under $6 per pound mark. Modest gains in the US dollar index after testing two-week low are capping Copper.

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