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Copper futures trade lower on Monday

02 Nov 2020 Evaluate

Copper futures traded lower on Monday amid rising corona virus cases worldwide, while uncertainty over upcoming US presidential elections led to heightened caution. Further, worries of corona virus lock-downs across Europe too added pressure on copper prices.

Copper futures for December delivery lost $0.0090 at $3.0385 a pound on the Comex metals division of New York Mercantile Exchange.