Copper shrugged off an early dip to trade higher on Friday as a weaker dollar and lower inventories countered a selloff stemming from equity markets, but remained on track for a weekly decline.
Benchmark three-month copper on the London Metal Exchange was up 0.3% at $13,308 a metric ton in official open outcry activity. It earlier fell as much as 1.4% to $13,083.
The metal, considered a bellwether for the health of the global economy, was on course to end the week down 2.1%, which would mark its biggest weekly decline since the week ended May 1.