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Base Metals Preview: COMEX copper tests 3-month high above $5 per pound mark

27-Jun-25 08:58 Hrs IST

COMEX copper surged above $5 per pound mark on Friday morning in Asia tracking sustained fall in LME inventories and weakness in dollar overseas. The US Dollar Index (DXY), an index of the value of the US Dollar (USD) measured against a basket of six world currencies, remains around its lowest level in three and a half years under 97 mark. Meanwhile, strong gains from equities also propped up the red metal. The Nasdaq jumped 194.36 points or 1.0 percent to 20,167.91, the Dow advanced 404.41 points or 0.9 percent to 43,386.84 and the S&P 500 climbed 48.86 points or 0.8 percent to 6,141.02. Currently, the counter is quoting at $5.12 per pound, up 0.18% on the day and its highest level in almost 3 months.

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6	07-12-2024	Administration	RFP for office premises on lease at Chennai	Closed
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22	02-05-2023	IA	RFP For Appointment Of Internal Auditor for July 2023 - March 2024 for operations, accounts and control related activities.	Closed
23	24-04-2023	CS	RFP PCS Empannelment for ROC filing 2022-23	Closed
24	24-04-2023	IA	RFP For Appointment Of Internal Auditor iCOM 23-24	Closed
25	14-03-2023	IA	RFP for appointment of internal auditor in the iCOM	Closed
26	25-04-2023	CS	RFP For Secretarial Audit 22-23	Closed