Copper futures move higher on pickup in spot demand

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.

News

Articles You May Like

What I like about the EURGBP chart is…..
GM expects 2025 earnings to be similar to this year’s despite industry headwinds
Hurricane Milton could cause as much as $175 billion in damage, according to early estimates
ForexLive Asia-Pacific FX news wrap: NZD/USD lower after an expected RBNZ 50bp rate cut
Swiss Franc Down in Mixed Markets, Kiwi Awaits RBNZ Cut

Leave a Reply

Your email address will not be published.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