Mumbai, Dec. 24 -- COMEX Copper futures stayed supported around five month high above $5.5 per pound.
US economic cues were beneficial for the metal. The Commerce Department said real gross domestic product spiked by 4.3% in the third quarter after surging by 3.8% in the second quarter. LME Copper prices spiked to a record above $12,000 a metric ton, gaining amid supply disruptions at key mines and sharp distortions in global trade flows tied to U.S. tariff policy under President Donald Trump. The rally puts the metal on track for its strongest annual performance since the aftermath of the global financial crisis in 2009. MCX Copper futures added 1.80% to close at Rs 1154 per kg after hitting a high of Rs 1160 per kg in last session.
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