Copper futures on the Multi Commodity Exchange surged on Thursday due to increased spot demand. Analysts attribute the rise to increased bets by participants.
New Delhi, Oct 31 (PTI) Copper futures on Thursday saw an uptick of 0.21 per cent to Rs 845.65 per kilogram on the back of higher spot demand.
On the Multi Commodity Exchange, copper contracts for November delivery increased by Rs 1.80 or 0.21 per cent to Rs 845.65 per kg in a business turnover of 7,334 lots.
Analysts attributed the rise in copper prices to the raising of bets by participants.
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