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Commodity News Details
COMEX Copper stays in demand amid firm equities
27-Jul-2026 17:26
COMEX Copper futures moved up steadily today amid firm cues from global equities. Oil prices tanked on hopes of some softening in the US-Iran tensions and led to an overwhelming upmove in stocks. Asian markets rose impressively. China's Shanghai Composite index gained 1.15%. Hong Kong's Hang Seng index added 0.98%. Japan's Nikkei average rose 0.50%. European stocks saw a sharp surge on Monday. The US stocks witnessed stable moves on Friday as Dow Jones Industrial Average added 0.46%. COMEX Copper futures are currently trading at $6.40 per pound, up 0.67% on the day. The counter added around 1.50% in last week. MCX Copper futures for August are also up 0.63% at Rs 1340.35 per kg amid sizable intraday volatility.

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