Copper futures gain on higher demand

Copper prices on Monday rose by 0.77 per cent to Rs 700.85 per kilogram in the futures market on the back of higher spot demand.

On the Multi Commodity Exchange, copper contracts for delivery in December traded higher by Rs 5.35 or 0.77 per cent at Rs 700.85 per kg in a business turnover of 5,526 lots.

Analysts attributed the rise in copper prices to raising of bets by participants.

(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)