Copper futures rise on spot demand


NEW DELHI: Copper prices on Friday traded up by 1.31 per cent at Rs 747.75 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 June traded higher by Rs 9.65, or 1.31 per cent, at Rs 747.75 per kg in a business turnover of 4,535 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

USD/CNH now favours some side-lined trade – UOB
Bitcoin’s rally at a crossroads: Watch out for profit takers
GBPUSD dips below 100H MA, finds support at key swing area: Analyzing the market reaction
Yen Takes Center Stage as Falling Yields and Strong Core-Core Inflation Boost Gains
i’m a millionaire forex trader (with only a 50% win rate)