COMEX Copper flat around $6.05 per pound

COMEX Copper futures turned marginally lower though steady equities capped losses for the metal. The counter currently trades flat at $6.05 per pound with traders eying the outcome of US-Iran talks. Meanwhile, Asian shares were mostly supported. China's Shanghai Composite index added 0.07% while Hong Kong?s Hang Seng rose 0.48%. Japan?s Nikkei average gained 0.89%. European stocks saw modest gains in volatile trades. The US stocks saw choppy moves yesterday with major indices holding just under record high. Copper tested one-week low in last session but ended up more than 1% on good bargain hunting. MCX Copper futures are up 0.26% at Rs 1272.50 per kg.

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