Market Update: Mcx Copper Price Today Falls to 852.6, What’s Next?
MCX copper price today fell 0.47% to 852.6, owing to profit taking as investors waited for further cues following Beijing’s recent stimulus measures. China unveiled measures in September to boost economic expansion, such as lowering interest rates, increasing liquidity, and loosening regulations on home purchases. The market’s caution in the face of these measures contributed […]
MCX Copper Price Today: Market Trends & Technical Outlook
MCX Copper Price Today: Copper prices dipped by 0.57%, closing at ₹851.35 due to an ongoing global surplus in refined copper. According to the International Copper Study Group (ICSG), July recorded a surplus of 91,000 metric tons, following June’s excess of 113,000 metric tons. From January to July 2024, the surplus has surged to 527,000 […]