COMEX copper futures inch higher to $4.07/lb, backed by improved market breadth across the commodity complex. Cross-asset correlation with crude oil and equities suggests broader investor risk appetite supporting industrial metals. The monthly chart of NYMEX platinum futures for October 2025 delivery highlights the 15.62% September gain. After posting a bullish key reversal pattern in the second quarter, platinum surged to the upside, leading the precious metals sector and reaching its highest price since February 2014. Copper is a major industrial metal used in a wide range of applications and sectors. Marcus Brandt/picture alliance/Getty Images The COMEX copper futures curve remains moderately backwardated, with front-month trading near $4.03/lb. Traders interpret this as a signal of tight near-term supply, keeping the market well-supported despite currency fluctuations.