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

World oil demand will rise 2.25 million bpd in 2024: OPEC
USD/JPY extends upside on firmer US Dollar, all eyes on US CPI, Fed rate decision
Oil prices extend rally on potential U.S. crude purchase for reserve
NZD/JPY Price Analysis: Cross dips towards 20-day SMA, sellers strengthen
GOLD ICYMI: People’s Bank of China completely stopped buying last month