Copper futures were trading higher on Friday on improved demand ahead the release of the closely watched US monthly jobs later in the day, which could provide further clues about the strength of the labour market and the outlook for interest rate cuts. Although, strengthening American currency, tariff threats by US President-elect Donald Trump and persisting concerns about inflation have limited further upside in copper prices.
Copper futures for March delivery rose $0.0250 or 0.58% at $4.3345 a pound on the Comex metals division of New York Mercantile Exchange.