Copper settled 0.43% higher at Rs. 1,398.65, buoyed by increasing US inventories and an optimistic price outlook from Goldman Sachs, which elevated its end-2026 copper price forecast to $14,700 per tonne and its 2027 average forecast to $15,400 per tonne. The bank anticipates that the copper market will experience deficits of 950,000 tonnes outside the Read More
Copper settled 0.85% lower at Rs. 1,407.45 as a stronger United States dollar and rising oil prices weighed on sentiment. However, renewed buying interest from China limited further losses. Expectations of restocking following China’s week-long holiday bolstered the market, as the Yangshan copper import premium increased by 5% from its prior assessment to $125 per Read More
