Copper futures ended higher on Friday after lighter than expected US jobs data kicked down the US dollar index, which makes copper cheaper for buyers using other currencies. However, weak demand from the world’s top metal consumer China capped the gains in copper prices.
Copper futures for July delivery gained $0.0660 to settle at $4.5290 a pound on the Comex metals division of New York Mercantile Exchange. Copper on the London Metal Exchange was up 1.7 percent at $9,955.00 a ton.