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Copper Trading

Copper Stays Steady as Investors Anticipate US-Iran Talk Updates

MCX Live Updates

Copper prices experienced a modest decline of 0.34%, concluding at Rs 1,265.05, as market participants exercised caution in anticipation of possible U.S.–Iran peace negotiations and critical indications from the Federal Reserve regarding interest rate adjustments. The Yangshan premium, indicative of China’s import demand, held steady at $69 per ton, suggesting persistent support even as it Read More

Copper Drops as Rising Oil Prices Fuel Inflation USD Index

MCX Live News

Copper prices declined by 0.51%, closing at Rs 1,181.35, influenced by a robust U.S. dollar and ongoing inflationary pressures that dampened market sentiment. Heightened oil prices have intensified inflationary pressures, diminishing the likelihood that the U.S. Federal Reserve will initiate interest rate cuts in the near term. Given the prevailing expectation that the Fed will Read More

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