LIVE FUTURES REPORT 05/11: Comex copper fails to maintain gains in new week

Comex copper reversed lower to start the new week on Monday morning in the US, with a broad-based sell-off and political uncertainty keeping market participants on the sidelines.

The copper price for December settlement on the Comex division of the New York Mercantile Exchange fell 4.10 cents to $2.7720 per lb. On Friday, the contract touched a high of $2.8090 per lb, the highest level since October 22. "This week, macro investors will closely monitor politicial developments, with...

Published

Dalton Barker

November 05, 2018

15:35 GMT

Chicago