Benchmark three-month copper on the London Metal Exchange fell 0.51% to $13,580 a metric ton on Tuesday, pressured by growing concerns over potential Federal Reserve interest rate hikes.
The decline reflects broader market anxiety that tighter monetary policy could introduce growth headwinds, weighing on demand-sensitive commodities.
The sell-off in copper mirrors a wider retreat across non-yielding assets.
Recent trading sessions have seen precious metals and bitcoin pull back as investors recalibrate their expectations for U.S. monetary policy.
Spot gold and silver also posted losses, indicating that the repricing is not isolated to industrial metals but is part of a broader risk-off shift driven by yield sensitivity.
Copper, often viewed as a barometer for global economic health, is particularly vulnerable to changes in the interest rate environment.