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.

News

Articles You May Like

US Market News Digest for December 4
Forex Market Forecast for December 2025
Stocks are higher, yields are lower and the USD is lower. How about the technicals?
Understanding the Risks and Rewards of Blockchain Security

Leave a Reply

Your email address will not be published.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