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Taking positive cues from global markets and pick—up in spot demand, copper futures rose by 0.45 per cent to Rs 403.10 a kg on Friday.
At the Multi Commodity Exchange, copper for delivery in August gained Rs 1.80, or 0.45 per cent, to Rs 403.10 a kg, with a turnover of 3,478 lots.
Likewise, the metal for delivery in September moved up by Rs 1.80, or 0.44 per cent, to Rs 407.50 a kg, with a turnover of 323 lots.
Market analysts said besides pick—up in domestic demand, firming trend at the London Metal Exchange, boosted by an overnight rebound in US and European equities, along with better—than—expected US jobless claims data, influenced copper futures prices here.
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