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Copper Price Prediction for Tomorrow 25 May 2026: MCX at Rs 1,344, Iran Deal Uncertainty and Memorial Day Holiday

24 May 20262:26 am

Copper Price Prediction for Tomorrow 25 May 2026: MCX at Rs 1,344, Iran Deal Uncertainty and Memorial Day Holiday

Copper price prediction for tomorrow 25 May: MCX Rs 1,344.30 (-0.06% on 22 May). US Memorial Day no US cues. Iran deal uncertainty cap.

The copper price prediction for tomorrow on 25 May 2026 is range-bound to cautiously neutral, with MCX copper closing at Rs 1,344.30 per kilogram on 22 May, down a marginal Rs 0.80 or 0.06 per cent, in a session where the broader commodity complex was mixed. The copper price prediction for tomorrow is uniquely shaped by two forces pulling in opposite directions: the Dow Jones hitting a fresh record of 50,580 on 22 May signals strong US manufacturing confidence, while the Iran deal complication (Iran’s Supreme Leader ordered uranium reserves to stay in Iran, complicating peace negotiations) maintains geopolitical uncertainty that weighs on industrial metals demand outlook.

Ankit Jaiswal, Senior Research Analyst at Univest, notes that the copper price prediction for tomorrow is additionally influenced by the Memorial Day holiday: US markets are closed on Monday 25 May, removing the LME-correlated overnight price signal that typically sets MCX copper’s opening direction. Kunal Singla, Associate Director at Univest, adds that Tuesday 26 May is the Nifty monthly expiry day, creating cross-market institutional activity that could add intraday volatility to the copper price prediction for tomorrow beyond fundamental drivers.

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MCX Copper Data: 22 May 2026

MetricValue (22 May 2026)Signal for Tomorrow
MCX Copper June CloseRs 1,344.30/kg (-0.06%)Marginal decline; range-bound
WTI Crude Oil$97/barrel (+0.67%)Iran deal complications; energy elevated
Iran Deal StatusUranium to stay in Iran; Trump rejects tollGeopolitical risk remains elevated
Dow Jones 22 May50,580 (+0.58%, new record)Manufacturing confidence signal
US Markets MondayCLOSED (Memorial Day)No overnight LME-correlated cue
Rupee 22 May95.69 intraday (+51 paise)Stronger Rupee mildly caps MCX price
26 May Monthly ExpiryTuesday (1 session away)Pre-expiry institutional activity
MCX Copper Support 1Rs 1,320/kgFirst downside level
MCX Copper Resistance 1Rs 1,368/kgNear-term ceiling

Copper Price Prediction for Tomorrow: Key Drivers

  • Iran Deal Complication (Primary Risk): Iran’s Supreme Leader ordered the country’s enriched uranium reserves to remain inside Iran on 22 May, defying the central US demand for dismantling Tehran’s nuclear program. Trump separately rejected a Hormuz toll system proposed by Iran and Oman. These developments increase the probability of prolonged geopolitical uncertainty, which historically keeps industrial metals like copper in a cautious range rather than a directional trend in the copper price prediction for tomorrow.
  • Dow Jones Record at 50,580 (Demand Positive): The Dow Jones hitting a fresh record of 50,580 on 22 May signals strong US economic confidence and robust manufacturing activity. Higher manufacturing activity is directly constructive for copper demand in the copper price prediction for tomorrow, as copper’s primary end-uses are in construction, electrical infrastructure and industrial machinery.
  • Memorial Day: No US Overnight Cue: US markets are closed on Monday 25 May for the Memorial Day holiday. This eliminates the overnight LME and COMEX copper price signal that typically determines MCX copper’s opening direction. Asian metal markets opening at 7:00 AM IST will be the primary directional input for the copper price prediction for tomorrow.
  • Stronger Rupee Mildly Caps MCX Price: The Rupee strengthened 51 paise to 95.69 on 22 May on RBI intervention. A stronger Rupee reduces the rupee-denominated MCX price of copper even when international copper is flat, acting as a mild cap on the upside in the copper price prediction for tomorrow.

Trend: Range-bound; Rs 1,320 Support, Rs 1,368 Resistance

MCX Copper Support 1: Rs 1,320/kg

MCX Copper Support 2: Rs 1,295/kg

MCX Copper Resistance 1: Rs 1,368/kg

MCX Copper Resistance 2: Rs 1,415/kg

Track live MCX copper prices on the Univest Screener.

Conclusion: Copper Price Prediction for Tomorrow 25 May 2026

The copper price prediction for tomorrow on 25 May 2026 is range-bound, with MCX copper at Rs 1,344.30 per kilogram on 22 May. The Iran deal complication and Memorial Day absence of US cues create uncertainty, while Dow Jones at a record 50,580 provides underlying support. MCX copper support is Rs 1,320 and resistance is Rs 1,368.

Disclaimer: Investments in securities and commodities are subject to market risk. This content is for educational purposes only and does not constitute investment advice. Univest is a SEBI-registered research analyst entity (Uniresearch Global Pvt Ltd, INH000012449). Commodity and F&O trading involves significant risk. Consult a SEBI-registered financial advisor before investing.

Download the Univest iOS App or Univest Android App for live MCX copper tracking and commodity predictions.

FAQs

What is the copper price prediction for tomorrow on 25 May 2026?

Ans. The copper price prediction for tomorrow is range-bound, with MCX copper at Rs 1,344.30 per kilogram on 22 May (-0.06 per cent). Support is Rs 1,320 and resistance Rs 1,368. Iran deal complications and US Memorial Day (no overnight cues) create uncertainty, while Dow Jones at a record 50,580 provides manufacturing demand support.

What was MCX copper closing price on 22 May 2026?

Ans. MCX copper June futures closed at Rs 1,344.30 per kilogram on 22 May 2026, down Rs 0.80 or 0.06 per cent in a marginal decline. This follows a broader commodity session where zinc gained 0.76 per cent while gold and silver fell. The copper price prediction for tomorrow uses this as the base reference level.

Why does the Iran deal affect copper price prediction for tomorrow?

Ans. Iran’s Supreme Leader ordered uranium reserves to remain in Iran on 22 May, complicating US-Iran peace talks and maintaining geopolitical uncertainty. Prolonged uncertainty keeps crude oil elevated and creates risk-off sentiment that limits industrial metals including copper from trending sharply higher. The copper price prediction for tomorrow therefore remains range-bound rather than directional.

What is MCX copper support and resistance for tomorrow?

Ans. MCX copper support for the copper price prediction for tomorrow is Rs 1,320 per kg (first) and Rs 1,295 (second). Resistance levels are Rs 1,368 (first) and Rs 1,415 (second). These are technical reference levels based on MCX June contract price action.

How does US Memorial Day affect copper trading tomorrow?

Ans. US markets are closed on Monday 25 May for the Memorial Day holiday, removing overnight COMEX and LME copper price signals for the copper price prediction for tomorrow. Asian markets (LME prices visible from Asian hours) and European futures at 7:00 AM IST will be the sole overnight directional indicators. Lower global trading volumes on Memorial Day can create wider bid-ask spreads.

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