Mumbai, Feb. 11 -- COMEX Copper impressively today as metals jumped amid tepid US dollar. Equities were mixed. In Asai, Shanghai Composite index closed flat. Hong Kong's Hang Seng index added 0.31%. Japanese markets were closed for a holiday. European stocks mostly eased as earnings stayed in focus. The US stocks were choppy after recent surge. Dow hit a new record intraday high though. The US dollar index is at 96.50, holding around one and half week low and is pushing metals higher. COMEX Copper futures broke above $6 per pound and currently quote at $6.08 per pound, up 2.76% on the day. The metal has zoomed near one-week high with this spike. MCX Copper futures are up 3% at Rs 1270 per kg as a break above Rs 1250 per kg mark triggered ex...
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.