Copper Futures End Lower On Friday

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Copper futures ended lower on Friday on fears of an escalating trade war between the United States and China after US President Donald Trump threatened to slap $100 billion more in tariffs and Beijing warned it would fight back ‘at any cost’.

 

Copper futures for May delivery shed 0.5 percent to settle at $3.0585 a pound on the Comex metals division of New York Mercantile Exchange. While, copper on the London Metal Exchange closed down 0.7 percent to $6,769 a metric ton.

 

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