COMMODITY
Copper futures end down as selloff continued
Mar-05-2021

Copper futures ended lower on Thursday amid continuing selloffs in the market. Further, strengthening US dollar and after Federal Reserve Chairman Jerome Powell disappointed some investors with his view on rising longer-term US bond yields too weighed on copper prices.

Copper futures for May delivery fell $0.1635 to settle at $3.9785 a pound on the Comex metals division of New York Mercantile Exchange. Copper on the London Metal Exchange was down 2.13% at $8,907.50 a ton.

  RELATED NEWS >>