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Copper lingers near two-week high, MCX futures approach Rs 1000 per kg
24-Oct-25   17:27 Hrs IST

COMEX Copper futures consolidated around two-week high amid supportive global equities though markets waited for clarity about the US-China trade talks. The counter is currently trading at $5.09 per pound, down marginally on the day but is up around 2.60% for this week. In Asia, China's Shanghai Composite index added 071% while Hong Kong's Hang Seng index jumped 0.74%. Japan Nikkei 225 index rallied 1.35%. European stocks are flat ahead of weekend. The major US equities saw good gains and Nasdaq jumped around 0.9% to lead the overall market higher. The S&P 500 index climbed 0.6% while the Dow rose 0.3%. MCX Copper futures are trading at Rs 993.35 per kg, up 0.34% on the day after hitting a high near Rs 999 per kg.

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