Copper futures fall 0.50% ahead of US jobs data
05/08/2016 16:36
Copper futures were trading lower during the evening trade in the domestic market on Friday as investors exited positions in the industrial metal ahead of a closely watched US jobs report and on the prospects of swelling supply. At the MCX, copper futures for August 2016 contract is trading at Rs 320.65 per kg, down by 0.50 per cent, after opening at Rs 322.70, against a previous close of Rs 322.25. It touched the intra-day low of Rs 320.20 (at 16:23 hours).
05/08/2016 16:36
Copper futures were trading lower during the evening trade in the domestic market on Friday as investors exited positions in the industrial metal ahead of a closely watched US jobs report and on the prospects of swelling supply. At the MCX, copper futures for August 2016 contract is trading at Rs 320.65 per kg, down by 0.50 per cent, after opening at Rs 322.70, against a previous close of Rs 322.25. It touched the intra-day low of Rs 320.20 (at 16:23 hours).