Business Standard

Copper slips on weak global cues


Press Trust of India New Delhi
Copper futures fell 0.03 per cent to Rs 444.80 per kg in futures trade on Friday after speculators trimmed positions in tandem with a weak trend overseas.
At the Multi Commodity Exchange, copper for delivery in September fell 15 paise, or 0.03 per cent, to Rs 444.80 per kg in a business turnover of 2,089 lots.
The metal slipped 0.23 per cent to USD 257.15 on the COMEX.
Traders said, off-loading of positions by speculators amid weak global cues led to fall in copper prices at futures trade.

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First Published: Aug 30 2019 | 1:10 PM IST

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