NEW DELHI: Copper futures on Thursday slipped 1.09 per cent to Rs 714.20 per kg, as participants cut their positions amid muted demand in the domestic market.

On the Multi Commodity Exchange, copper contracts for the June delivery eased by Rs 7.90, or 1.09 per cent, to Rs 714.20 per kg in a business turnover of 5,087 lots.

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

Articles You May Like

Cathie Wood’s ARK dumps 237K Coinbase shares at $140 per stock
Expect sharp swings in gold prices, silver a better bet for now: Analysts
Canadian Dollar Rises on Jobs Data, Dollar Soft, Euro Worse
NZD/USD re-taps 0.6200 for the second time in a week as hawkish RBNZ bolsters Kiwi
Weekly Market Outlook (04-08 December)