Monday, August 24, 2009

Copper futures up 0.4%; at 11-month high

Published on 2009-08-24 13:16:22



Singapore - India August MCX copper futures up 0.4% at 11-month high INR311.10/kg, helped by technical buying after breaching key INR310 level. "Copper market is buoyed by impressive U.S. home sales figures and firm global equity markets," says STCI Commodities trader Kapil Gandhi; expects contract to test INR315 resistance today.

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