COMMODITY
Copper futures settle down marginally on Friday
Jul-27-2024
Copper futures settled down marginally on Friday as slowdown in China’s economy fuelled worries about red metal demand. However some falls were limited by weak American currency overseas and after tame US inflation data sparked hopes for a potential interest rate reduction by September.

Copper futures for September delivery lost $0.0160 to settle at $4.1095 a pound on the Comex metals division of New York Mercantile Exchange. Copper on the London Metal Exchange was down by 0.12 percent at $9,111 a ton. 

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