Copper futures edged lower on MCX as a stronger dollar weighed on commodities and a week-long holiday in China drained the market of direction.
The contract for November delivery was trading at Rs 320.70, down by 0.40% or Rs 1.30 from its previous closing of Rs 322.00. The open interest of the contract stood at 26669.00 lots.
The contract for February delivery was trading at Rs 326.60, down by 0.41% or Rs 1.35 from its previous closing of Rs. 327.95. The open interest of the contract stood at 464.00 lots on MCX.
MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.
To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.
MoneyWorks4Me ensures this through: