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Copper futures gain on higher spot demand

Copper prices increased by Rs.5.75 to Rs. 826.90 per kilogram in the futures market, driven by heightened spot demand.

September 19, 2024 / 13:33 IST
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Copper prices increased by ₹5.75 to ₹826.90 per kilogram in the futures market, driven by heightened spot demand
Copper prices increased by ₹5.75 to ₹826.90 per kilogram in the futures market, driven by heightened spot demand

Copper prices on Thursday rose Rs 5.75 to Rs 826.90 per kilogram in the futures market on the back of higher spot demand.

On the Multi Commodity Exchange, copper contracts for delivery in October traded higher Rs 5.75 or 0.7 per cent at Rs 826.90 per kg in a business turnover of 4,515 lots.

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Analysts attributed the rise in copper prices to the raising of bets by participants.

PTI
first published: Sep 19, 2024 01:33 pm

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