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Commodity News Details
Copper sees impressive gains as risk appetite stays elevated
02-Jun-2026 17:58
COMEX Copper futures saw excellent gains today, staying well supported following a 2.5% spike in the last session as risk appetite generally held sway. In Asia, China's main CSI300 index added 0.43%. Hong Kong's benchmark Hang Seng index jumped 2.52% to hit above 26000 mark on strength in tech counters. Japan's Nikkei average eased 0.30%. European stocks rose steadily with German DAX soaring more than 1%. Yesterday, the major averages on Wall Street ended the day off their best levels but still at new record closing highs. Copper moved up above $6.60 per pound today and hit a two-week high. It currently trades up 1.34% at $6.65 per pound. MCX Copper futures are up 1% at Rs 1380.55 per kg.

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