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Copper futures end lower on Tuesday

23 Dec 2020 Evaluate

Copper futures ended lower on Tuesday, driven by renewed fears a highly infectious new strain of Covid-19 in Britain. However, $900 billion pandemic stimulus package from the world’s biggest economy capped some losses.

Copper futures for March delivery lost $0.0575 to settle at $3.5200 a pound on the Comex metals division of New York Mercantile Exchange. Copper on the London Metal Exchange was down 1.27% at $7,746.50 a ton.

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MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

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