News

NEW DELHI: Copper futures on Friday slipped 1.17 per cent to Rs 760.95 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 9, or 1.17 per cent, to Rs 760.95 per kg in a business turnover of 4,290 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

Gold Price Forecast: XAU/USD holds below $2,400 on Fed hawkish comments, eyes on geopolitical risks
Aussie Propelled by CPI, Has Stock Market Correction Ended?
GBPJPY soars to highest level in nearly 16 years, eyeing 200.00 resistance
Forexlive Americas FX news wrap 26 Apr. The JPY tumbles as BOJ does not look to support
Copper and aluminium prices at multi-year highs. Here’s why