Copper futures move higher on pickup in spot demand

News

NEW DELHI: Copper prices on Friday traded up by 0.77 per cent at Rs 776.55 per kg in the futures market on the back of a pick-up in the spot demand.

On the Multi Commodity Exchange, copper contracts for delivery in May traded higher by Rs 5.90, or 0.77 per cent, at Rs 776.55 per kg in a business turnover of 5,208 lots.

Analysts attributed the rise in copper prices to raising of bets by participants driven by a pick-up in the spot demand.

Articles You May Like

How to trade FOREX LEGALLY in INDIA (Full Roadmap)
London Open Live Trading With Vidollar
Want the Ultimate Strategy for Nifty and Stocks? Click on the related video below! 🚀
A simple systematic trading system
The “One Candle” Trading Strategy That Makes Me $10,000/Month

Leave a Reply

Your email address will not be published. Required fields are marked *