US copper futures were lower early on Friday but had risen off of a two-month low below $2.65 a lb as the dollar reversed earlier gains after weak September jobs data shook confidence in the economic recovery. Copper for December delivery shed 5.35 cents, or 2 percent, to trade at $2.6835 a lb by 10:30 am EDT (1430 GMT) on the New York Mercantile Exchange's COMEX division.
Range from $2.7250 to $2.64, the contract's lowest level since July 31. COMEX estimated futures volume at 15,645 lots by 10 am.
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