Copper Stays Elevated, MCX Futures Above Rs 750 Mark

Copper Stays Elevated, MCX Futures Above Rs 750 Mark

Nov 25, 2021 04:11 IST capital market

COMEX Copper consolidated around a one month high. The red metal currently trades at $4.49 per pound, up 0.75% on the day. Asian stocks saw mixed moves. Chinese benchmark Shanghai Composite index eased 0.24. Hong Kongs Hang Seng edged up 0.18%. The Japanese Nikkei index jumped 0.75%. European stocks moved up in cautious trades today. Sentiments stayed supported for Copper on tight exchange inventories and Chinese property sector reforms. MCX Copper futures are trading at Rs 752.10 per kg, up 0.51% on the day.

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