Copper futures ended lower on Thursday due to continuing uncertainty over Russia-Ukraine as reports of artillery fire in east Ukraine raised worries of war between Russia and Ukraine. Russian-backed separatists in eastern Ukraine accused government forces of opening fire on their territory four times in the last 24 hours. While, Stronger American currency also made dollar-denominated metals less attractive for buyers using other currencies.
Copper futures for March delivery lost $0.0135 to settle at $4.5230 a pound on the Comex metals division of New York Mercantile Exchange. Copper on the London Metal Exchange was down 0.64 percent at $9,929 a ton.