Copper Futures Rise on Spot Demand | PTI
Jul 03, 2024 13:47
Copper prices surged 1.43% on the Multi Commodity Exchange, driven by increased spot demand and bullish bets from market participants.
New Delhi, Jul 3 (PTI) Copper prices on Wednesday rose 1.43 per cent to Rs 859.15 per kilogram in the futures market on the back of higher spot demand.
On the Multi Commodity Exchange, copper contracts for delivery in July traded higher Rs 12.15 or 1.43 per cent at Rs 859.15 per kg in a business turnover of 7,841 lots.
Analysts attributed the rise in copper prices to the raising of bets by participants.
DISCLAIMER - This article is from a syndicated feed. The original source is responsible for accuracy, views & content ownership. Views expressed may not reflect those of rediff.com India Limited.