Copper futures ended lower on Friday as the US dollar strengthened on news that the US central bank’s preferred inflation measure showed prices continuing to rise faster than its 2% target, which could potentially lift interest rates sooner than they expects.
Copper futures for December delivery lost $0.0705 to settle at $4.3680 a pound on the Comex metals division of New York Mercantile Exchange. Copper on the London Metal Exchange was down 1.76 percent at $9,496 a ton.