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Commodities

Copper Prices Hold Steady Amid Broader Metals Correction

Guavy AI Editorial Team
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Copper
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Copper prices on MCX fell by just 0.29% to Rs 1,373.55/kg on Thursday, making it the smallest decline among all metals tracked.

This relative strength within a broad metals correction day is a positive signal for Friday's session, according to Ankit Jaiswal, Senior Research Analyst at Univest.

The mild copper price correction typically signals sustained industrial buying at lower levels, with China power infrastructure and India's National Infrastructure Pipeline capex buyers absorbing the dips.

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