COMMODITY
Copper futures settle down ahead of US payrolls data
Dec-05-2024
Copper futures settled marginally down on Wednesday as investors awaited US payrolls data due on Friday, for more clues on the Federal Reserve's monetary policy path. Copper prices weakened further as one of the world’s largest mining companies Rio Tinto has planned to rev up copper production, while global trade tensions also kept sentiments subdued.

Copper futures for March delivery lost $0.0005 to settle at $4.2015 a pound on the Comex metals division of New York Mercantile Exchange. Copper on the London Metal Exchange was down by 0.31 percent at $9,083 a ton.
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