Copper Futures Gain 2 Percent
On Friday morning, December copper futures on the Comex Stock Exchange rose 1.96 percent to $ 2.39 a pound (about 0.45 kg), reflecting the positive dynamics of the Asian stock market indices and the rise in oil prices.
The growth in quotations remains under pressure from investors' concerns about the Chinese economy, the main consumer of metals in the world.
" Any sign of weak or worsening demand in China is clearly a negative factor for industrial metals ," said Nicholas Snowdon, a metals analyst at Standard Chartered, quoted by Reuters.
On Thursday, copper fell in price by a percentage at auction in London. In addition, zinc and aluminum quotations fell on the London Metal Exchange on Thursday.
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