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Commodity News Details
Copper around $4.15 per pound ahead of US jobs data
06-Sep-2024 17:31
COMEX Copper futures rose a bit but stayed in a range as equities saw muted moves. COMEX Copper futures currently trade at $4.15 per pound, up half a percent on the day. The metal has managed to come off a three week low this week but is witnessing some consolidation now amid elevated inventories. Meanwhile, Asian shares ended mostly lower on Friday as investors awaited key US jobs data later in the day. European stocks saw modest losses ahead of weekend. Equities on the Wall Street finished a volatile session on a mixed note on Thursday. Dow fell around half a percent.

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