NEW DELHI: Copper futures on Friday slipped 1.79 per cent to Rs 663 per kg as participants cut their positions amid muted demand in the domestic market.

On the Multi Commodity Exchange, copper contracts for March delivery eased by Rs 12.05, or 1.79 per cent, to Rs 663 per kg in a business turnover of 2,848 lots.

Analysts said trimming of positions by speculators due to muted demand in spot market mainly led to the fall in copper prices here.

Articles You May Like

ICYMI – BIS says tech stocks hitting an “extreme height”
EUR/USD rebounds on Friday after US ISM PMI miss sparks risk-on investor appetite
Gold eyes second weekly gain on gradually easing US inflation
Lowe’s beats earnings estimates as sales fall — and the company expects revenue to slide again this year
Crude Oil flattens on Thursday, WTI tests below $78.00