For Quick Alerts
For Daily Alerts

Copper gains 0.36% on bullish German data

By Religare

Copper prices rose by 0.36 per cent on Thursday at the domestic markets after German factory orders rose more-than-expected last month, official data showed on Thursday signaling improving sentiment in the region which raised the demand outlook for the metal. In a report, Bundesministerium fr Wirtschaft und Technologie said that German factory orders rose to a seasonally adjusted 2.0 per cent, from -0.3 per cent in the preceding month whose figure was revised down from -0.2 per cent.


At the MCX, copper futures for August 2015 contract were trading at Rs.332.90 per 1 kg, up by 0.36 per cent, after opening at Rs. 332.40 against the previous closing price of Rs. 331.70. It touched the intra-day high of Rs. 333.60 till the trading. (At 11.59 AM today).

Story first published: Thursday, August 6, 2015, 23:00 [IST]
Company Search
Enter the first few characters of the company's name or the NSE symbol or BSE code and click 'Go'


We use cookies to ensure that we give you the best experience on our website. This includes cookies from third party social media websites and ad networks. Such third party cookies may track your use on Goodreturns sites for better rendering. Our partners use cookies to ensure we show you advertising that is relevant to you. If you continue without changing your settings, we'll assume that you are happy to receive all cookies on Goodreturns website. However, you can change your cookie settings at any time. Learn more