Weekly Copper Review: COMEX futures stay slippery amid elevated inventories

COMEX Copper futures stayed slippery as some profit selling emerged in the metal in last week of the month. The red metal neared $6.50 per pound in volatile trades and ended the month of October with a modest loss of 1.70%. Weak US equities clubbed with elevated LME Copper inventories, which stand around three-month high, are capping upside in the metal.

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