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13-Nov2018

Copper futures end lower on global uncertainty

Copper futures ended lower on Monday, pressured by uncertainty about the global economy. Copper prices weakened further as the dollar reached a 16-month high, making dollar-denominated metals more expensive for buyers paying in other currencies.

Copper futures for December delivery fell $0.0080 to settle at $2.6765 a pound, on the Comex metals division of New York Mercantile Exchange. While, copper on the London Metal Exchange ended down 0.1 percent at $6,048 a tonne.


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