Copper futures gain 0.49 pc on positive cues

Press Trust of India  |  New Delhi 

Copper prices edged higher 0.49 per cent at Rs 434.65 per kg in futures trade Wednesday as speculators raised their positions amid pick-up in demand at the spot market.

On the Multi Commodity Exchange, copper for delivery in July contracts rose by Rs 2.10, or 0.49 per cent, to Rs 434.65 per kg in a business turnover of 6,235 lots.

Analysts said firm trend in base metals at the physical market mainly led to rise in copper prices here.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Wed, July 10 2019. 13:15 IST