Indian Stock Market Tips: Comex Copper Futures End Higher On Thursday

Comex copper futures ended higher on Thursday, while London copper prices too rose as optimism over the demand outlook from major consumer China fuelled buying. Meanwhile, many metals market participants are awaiting the outcome of China’s Communist Party Congress next week for an indication of broader policy initiatives and their implications for metals demand.

Copper futures for December delivery rose 1.1 percent to settle at $3.128 a pound on the Comex metals division of New York Mercantile Exchange. While, copper on the London Metal Exchange ended up 1.3 percent at $6,887 a metric ton.

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