Copper Futures End Lower On Friday

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Copper futures ended lower on Friday as the dollar recovered against a basket of major currencies and US tariffs that could provoke a trade war, weighed on the markets. A strong US currency makes dollar-priced metals costlier for non-US investors. Though, hopes for strong growth in China kept losses in capped.

 

Copper futures for May delivery fell 0.6 percent to settle at $3.108 a pound on the Comex metals division of New York Mercantile Exchange. While, copper on the London Metal Exchange closed down 0.5 percent to $6,888 a metric ton.

 

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