SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Copper futures settle down on demand concerns

01 Jun 2024 Evaluate
Copper futures settled down on Friday due to concerns over demand after weak manufacturing data from the world’s top metals consumer China. Data showed that China’s official manufacturing purchasing managers index dropped to 49.5 in May from 50.4 in April as the real estate crisis continues. Although, some losses were limited by the prospects of more stimulus measures by the Chinese government.

Copper futures for July delivery lost $0.0565 to settle at $4.6020 a pound on the Comex metals division of New York Mercantile Exchange. Copper on the London Metal Exchange was down by 0.94 percent at $10,040 a ton.

About MoneyWorks4Me

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.

Our Vision

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.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×