LIVE FUTURES REPORT 10/08: Comex copper price erases gains on dollar surge

Comex copper prices staggered lower on Friday August 10, after hitting a one-week high yesterday, amid a surging dollar and continued worries over US trade policy.

Copper for September settlement on the Comex division of the New York Mercantile Exchange dipped 0.95 cents or 0.3% to $2.7560 per lb. Earlier this morning, the dollar soared to a 13-month high at 96.18, buoyed by weakness in the Turkish lira and Russian rouble. Additionally, persistent worries over trade issues between the US...

Published

Dalton Barker

August 10, 2018

15:39 GMT

Chicago