Copper futures rise on robust demand

News

NEW DELHI: Copper prices on Monday traded up by 0.59 per cent at Rs 723.25 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 September traded higher by Rs 4.25, or 0.59 per cent, to Rs 723.25 per kg in a business turnover of 4,190 lots.

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

Articles You May Like

Learn with ETMarkets: Understanding base metals and how to trade it
House speaker Johnson: We have a unified agreement among Republicans
UK Q3 final GDP +0.0% vs +0.1% q/q prelim
GBPUSD breaks higher. The next key target area between 1.2596 and 1.26147
AUD/USD continues to flirt with key support level since last week

Leave a Reply

Your email address will not be published.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