April, 28 2024 Sunday 01:27 Hrs
  • SENSEX :   73,730.16

  • Top commodity trading and broking companies in India-609.28( -0.82%) 26-Apr-2024

Pre Session Commentary - Detailed News

Base Metals preview: Copper Gives Up $4 Per Pound Mark In Early Asia
27-Mar-24   09:02 Hrs IST

Copper futures tumbled below $4.00 per pound mark on Wednesday morning in Asia, extending slide from previous session tracking weak cues from overnight equities and sharp uptick in dollar overseas. The US Dollar Index (DXY) is hovering around 104.07, after Durable Goods and Housing market data released yesterday. Meanwhile, the Dow ended the session down 31.31 points or 0.1 percent at 39,282.33. The Nasdaq also fell 68.77 points or 0.4 percent to 16,315.70 and the S&P 500 dipped 14.61 points or 0.3 percent to 5,203.58. Currently, COMEX copper futures are trading at $3.99 per pound, down 0.40% on the day.

Powered by Commodity Insights

Top
Attention Investor:
Prevent unauthorised transactions in your account Update your mobile numbers/email IDs with your stock brokers/Depository Participant.     KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, ,Mutual )