Breaking News

You are here » Indian-Commodity  :  Commodities  :  Copper  :  Copper futures end higher on Friday

29-Dec2018

Copper futures end higher on Friday

Copper futures ended higher on Friday as gains on global equity markets revived interest in riskier assets and a weaker dollar made metal cheaper for buyers with other currencies. However, concerns over slowing economic growth in China, the biggest metals consumer, capped some gains.

Copper futures for March delivery rose 0.5 percent to settle at $2.681a pound, on the Comex metals division of New York Mercantile Exchange. Copper on the London Metal Exchange ended up 0.2 percent at $5,997 a tonne.   


Related News

View all news

Copper futures end lower on global growth concerns

Copper futures ended lower on Friday as weak European and US factory data spread gloom about the global economic outlook and strengthened the dollar. Reports showing Factory activity in the 19-country......

Copper futures end lower on Thursday

Copper futures ended lower on Thursday as the US dollar, which had fallen after dovish comments from the Federal Reserve, rebounded. Though, a report from the International Copper Study Group showed that......

Copper futures end higher on Tuesday

Copper futures ended higher on Tuesday on optimism about easy monetary policy ahead of a US central bank meeting and on hopes for further stimulus in world's top metals consumer China. Further, increased......

Top News

View all news

Infosys to enter into agreement with The House Fund II

Infosys is going to enter into an agreement with The House Fund II, L.P., an AI-focused fund targeting startups from the University of California - Berkeley, committing to invest $10.0 million.......

EID Parry receives approval for investment Rs 70 crore in PSRIPL

EID Parry (INDIA) has received approval for investment upto Rs 70 crore in the equity share capital of Parry Sugars Refinery India (PSRIPL), a wholly owned subsidiary of the Company. The Board of directors......

SBI raises Rs 1,251 crore by issuing Basel III-compliant bonds

State Bank of India (SBI) has raised Rs 1,251.30 crore by issuing Basel III-compliant bonds. The Committee of Directors for Capital Raising at its meeting held on 22 March 2019 deliberated and accorded......