COMEX Copper futures eased slightly from three-month high levels extending corrective action seen on the last trading session of the month and quarter but continue to hold above $5 per pound mark. The metal also tracked unrest on the geopolitical front. Media reports noted that Russia has fired more than 500 aerial weapons at Ukraine that Kyiv described as the biggest air attack so far of the three-year war. However, positive cues from overnight equities and dollar decline alongside falling copper inventories is limiting downside in the red metal. The Dow advanced 275.50 points or 0.6 percent to 44,094.77, the Nasdaq climbed 96.27 points or 0.5 percent to 20,369.73 and the S&P 500 rose 31.88 points or 0.5 percent to 6,204.95. Copper is currently quoting at $5.08 per pound and is up around 8.60% for the month. MCX Copper futures are currently trading at around Rs 895 per kg.

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