COMEX Copper futures slumped today as a heavy selloff in Asian equities and broad strength in the US dollar index hurt the metal. Copper is currently trading down around 3% at $3.58 per pound. The metal has been rising in last few days on Chinese interest rate cuts and falling Copper inventories on the LME. The red metal had hit a near two week high before correcting. The metal is locked in a tight range after the slump in todays trade as dollar index is holding above 109 mark and equities are witnessing steep correction in Asia. MCX Copper futures also slumped in early moves and currently trade at Rs 665.30 per kg, down 1.79% on the day. Powered by Commodity Insights
Related Tags
IIFL Customer Care Number
(Gold/NCD/NBFC/Insurance/NPS)
1860-267-3000 / 7039-050-000
IIFL Capital Services Support WhatsApp Number
+91 9892691696
Download The App Now
Follow us on
2026, IIFL Capital Services Ltd. All Rights Reserved
IIFL Capital Services Limited - Stock Broker SEBI Regn. No: INZ000164132 (Member ID - NSE: 10975 BSE: 179 MCX: 55995 NCDEX: 01249), DP SEBI Reg. No. IN-DP-185-2016, PMS SEBI Regn. No: INP000002213, IA SEBI Regn. No: INA000000623, Merchant Banker SEBI Regn. No. INM000010940, RA SEBI Regn. No: INH000000248, BSE Enlistment Number (RA): 5016, AMFI-Registered Mutual Fund Distributor & SIF Distributor
ARN NO : 47791 (Date of initial registration – 17/02/2007; Current validity of ARN – 08/02/2027), PFRDA Reg. No. PoP 20092018, IRDAI Corporate Agent (Composite) : CA1099
This Certificate Demonstrates That IIFL As An Organization Has Defined And Put In Place Best-Practice Information Security Processes.
