LONDON--London Metal Exchange three-month zinc extended its recent weakness, falling to a fresh four-month low Friday driven by technical selling, according to traders.
Technical selling has pressured zinc prices sharply lower, said a LME trader. Moreover, "market participants are nervous ahead of key U.S. economic data," the trader added.
U.S. non-farm payrolls and unemployment data are scheduled for release at 1330 GMT.
Zinc traded at $3,315 a metric ton at 0950 GMT, down over 2% from Thursday.
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