Copper futures traded lower on Tuesday as a strong US dollar made dollar-denominated metal less attractive for holders of other currencies, while economic data from world’s top metal consumer China also suggested slowing demand for industrial metals. Moreover, rise in inventories in London Metal Exchange-registered warehouses also weighed on metal prices globally.
Copper futures for March delivery fell $0.0105 or 0.24% at $4.4100 a pound on the Comex metals division of New York Mercantile Exchange.
Start Research-backed Investing ...Now. Subscribe to Sapphire
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.
To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.
MoneyWorks4Me ensures this through: