Commodity Radar: Copper likely to see choppy trading ahead of the Chinese holidays. Here’s how to trade the red metal

Copper prices traded within a narrow range on Tuesday amid concerns about rising inventories and sluggish demand, dampening investor risk appetite for the red metal even as the US dollar weakened.February copper contracts fell 0.9% to hit an intraday low of Rs 1,238.55 per kg, reflecting weakness in overseas markets. On the London Metal Exchange […]

Commodity radar: Copper slides on China concerns, but expert suggests taking long positions. This is why

Domestic copper prices fell on Tuesday, following international market prices in early trade, amid concerns about a slowdown in manufacturing activity in key consumer country China. Additionally, a stronger dollar weighed on sentiment, with the dollar index hovering around 100 against a basket of six major currencies.The November copper contracts on the MCX were trading […]