Copper and Zinc Futures Surge on Weak Dollar, Low Supply, and Strong Global Cues

Commodity
M
Moneycontrol•21-01-2026, 17:18
Copper and Zinc Futures Surge on Weak Dollar, Low Supply, and Strong Global Cues
- •Copper futures for January delivery rose by 8.60 rupees to 1,294.25 rupees per kilogram on MCX.
- •International Comex copper futures for March delivery increased by 0.86% to USD 5.87 per pound.
- •LME copper futures gained USD 148.55, or 1.16%, reaching USD 12,927.65 per ton.
- •Zinc futures for January delivery climbed 2.50 rupees to 313.85 rupees per kilogram on MCX.
- •LME zinc futures saw a rise of USD 12.30, or 0.39%, to USD 3,191.20 per 25 metric tons.
Why It Matters: Copper and zinc prices surged due to a weaker US dollar, low supply, and positive global market sentiment.
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