New Delhi:Copper futures rose Rs 8.20 to Rs 1,345.50 per kilogram due to higher spot demand in domestic markets and firm global demand. On the Multi Commodity Exchange, copper contracts for November delivery advanced Rs 8.20 in 7,204 lots. In global markets, Comex Copper futures for the December delivery climbed over 1 per cent to USD 6.31 per pound in New York. The red metal futures on the London Metal Exchange (LME) appreciated by USD 134.08, or 1 per cent, to USD 13,796.48 per tonne. Analysts attributed the rise in copper prices to higher bets by participants.

Aluminium futures rise on fresh bets

Aluminium prices rose marginally to Rs 327.40 per kilogram in futures trade as speculators built fresh positions amid a positive trend in the spot market. The aluminium price for delivery in November went up by Rs 2 in 3,613 lots. Analysts said fresh positions created by traders amid demand from consuming industries supported aluminium prices in the futures market.

Zinc futures rise on higher participation

Zinc prices edged up by Rs 1.20 to Rs 411.55 per kg in futures trade, as market participants showed stronger demand. Zinc contracts for November delivery rose 0.29 per cent in 1,533 lots. Traders attributed the rise in zinc futures to higher spot demand.