Archive · 12 Aug 2025
Copper and Silver Futures Rise Due to Demand and Increased Bets
Imagine you're buying toys with play money.
Sometimes, the price of these 'toy money' changes.
Today, the 'toy money' for copper and silver went up.
This is because people wanted to buy more of these 'toy metals'.
More people buying means the price goes up a little bit.
The price increase happened in places called 'exchanges' where people trade these metals.
One reason could be that more people are betting on those metals going up in price.
It's like everyone thinks the toy metals will be worth more later.
Copper futures rose 0.24% to Rs 891.75 per kilogram due to higher spot demand.
On the Multi Commodity Exchange, copper contracts for September delivery increased.
Analysts attribute the rise in copper prices to higher bets by participants.
Silver prices climbed Rs 423 to Rs 1,13,719 per kilogram in futures trade.
Fresh positions built up by participants led to a rise in silver prices.
- Who
- Participants in the market.
- What
- Copper and silver futures prices increased.
- When
- Tuesday.
- Where
- On the Multi Commodity Exchange.
- Why
- Due to higher spot demand and increased bets by participants.
- Copper price increase
- 0.24%
- Copper price per kg
- Rs 891.75
- Silver price increase
- Rs 423
- Silver price per kg
- Rs 1,13,719
- Silver price in New York
- USD 37.92 per ounce