Copper fell on Friday, heading for a weekly loss of more than 2 percent a day after its biggest daily gain in nearly 9 months, as fears over the health of French banks and debt contagion in the eurozone outweighed positive sentiment on the strength of Chinese consumption.
The most-active October copper contract on the Shanghai Futures Exchange edged down 0.4 percent to close at 66,460 yuan per tonne, also after rising in early trading. It fell 0.6 percent in the last session and is on track for a weekly loss of 3.1 percent.