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10-May2018

Copper futures end marginally lower on Wednesday

Copper futures ended marginally lower on Wednesday as investors were a bit cautious after the United States pulled out of an international nuclear deal with Iran. US President Donald Trump said he would re-impose US economic sanctions on Iran to undermine 'a horrible one-sided deal that should have never, ever been made'.

Copper futures for July delivery fell less than 0.1 percent to settle at $3.058 a pound on the Comex metals division of New York Mercantile Exchange. While, copper on the London Metal Exchange closed up 1 percent at $6,810 a metric ton.



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