MUMBAI (Commodity Online): Base metals were trading in a narrow range on Friday amid uncertainties on U.S debt woes and euro zone debt crisis dampening the investor's sentiment.
In the currency futures market, Dollar Index, benchmark measure against a basket of 6 major currencies, was 0.05% lower at 75.17 compared to the previous day that ended at 75.21.
At MCX, Copper tested a high of Rs 434.25 per kg, the benchmark contract is now trading flat at Rs 432.10 per kg. Aluminium was trading flat at Rs 111.55 per kg. On the other side, Lead was also trading flat at Rs 119.65 per kg, Zinc was also flat at Rs 105.35 per kg and Nickel was trading down by 0.12%, at Rs 1080.10 per kg.
Copper futures September contract in Shanghai ended at 71640 yuan per tonne, down 480 yuan or 0.67% lower. Comex Copper futures most active September contract was trading flat at $4.381 a pound compared to the previous day that ended at $4.38 a pound.