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Copper Futures Face Fifth Straight Weekly Loss, Longest in Nearly Two Years

Benchmark futures fell below $13,500 per ton Friday.

A copper ingot catches warm light against a charcoal surface / TokenPost.ai
A copper ingot catches warm light against a charcoal surface / TokenPost.ai

Copper futures on the London Metal Exchange were on track Friday for a fifth consecutive weekly decline, a run that would be the metal’s longest in nearly two years.

The contract was also heading for its lowest close since mid-July. The weekly-loss streak measures consecutive weeks of declines, while the closing-price comparison looks at a single session’s end-of-day level.

Enna Lee

Reporter

Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.

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