After a volatile day, US Copper closed up 2 per cent on Tuesday; as optimism about demand from China combined with confidence from international investors to compensate for a rising greenback and increasing stockpiles. COMEX March copper closed up 2.4 per cent to settle at $3.4470 per lb. In India, the most-traded February contract …
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After a volatile day, US Copper closed up 2 per cent on Tuesday; as optimism about demand from China combined with confidence from international investors to compensate for a rising greenback and increasing stockpiles.
COMEX March copper closed up 2.4 per cent to settle at $3.4470 per lb. In India, the most-traded February contract was 0.01 per cent higher at Rs 344.20 per kg, after hitting an intra-day high of Rs 347.6.  LME copper for three-month delivery hit $7,525 per tonne, up $25 from Monday’s close.
MARKETS
COMMODITIES
Commodities | |||
---|---|---|---|
Gold | 1850.87 | -2.80 | |
Silver | 21.72 | -0.02 | |
Copper | 4.32 | -0.03 | |
Palladium | 1998.00 | +13.00 | |
Platinum | 951.00 | -2.00 | |
Oil | 109.77 | -0.52 | |
Heating Oil | 3.62 | -0.03 | |
Natural Gas | 8.75 | +0.01 |
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