Copper Investing News » India’s Copper Futures will Open Slightly Lower; Gold Flat

India's Copper Futures will Open Slightly Lower; Gold Flat

August 21, 2009 @ 4:01 am In Copper Market News

India's copper futures may open slightly lower on Friday as higher-than-expected U.S. jobless claims renewed concerns of a weak economic recovery.

Paras Sejpal, an analyst with TransMarket Group Research, stated:

Copper's good support is towards 288.50-289 rupees levels, expect corrective decline towards this level and find support there.

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