Copper trade on higher & above the level of 421.50 its good for buy.
London copper traded slightly above $8,000 a tonne on Friday, hovering near its previous close, as investors waited for more decisive cues on demand such as whether China loosens monetary policy and the health of the euro zone.
Thursday's successful French and Spanish bond auctions eased some fears over the euro zone debt crisis, but the positive news was later offset by soft jobs data out of the United States. Three-month copper on the London Metal Exchange rose 0.3 percent to $8,070 a tonne by 0356 GMT, after closing just one dollar lower on Thursday, but is on track to record a 1 percent weekly rise. The most-active July copper contract on the hanghai Futures Exchange lifted 0.3 percent to 57,860 yuan ($9,200) a tonne, after falling 0.3 percent in the previous session. It is on track to post a 0.9 percent fall on the week.
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