Archive · 3 Dec 2025
MCX Copper Futures Surge Over 4%
Copper prices on the Multi Commodity Exchange (MCX) have gone up by more than 4% in the last week.
This means the price has moved out of a range it was stuck in for a month.
The price is now at ₹1,053 per kg.
Experts think it could go up to ₹1,090-₹1,100 per kg.
They say if the price goes below ₹1,020, it might fall back to ₹1,000-₹990.
But they think this is less likely.
Traders can buy now or at lower prices like ₹1,040 and ₹1,030.
They should sell when the price reaches ₹1,095.
Copper Futures on MCX surged over 4% in the past week, ending a month-long consolidation.
The contract broke out of the ₹990-₹1,025 range and is currently trading at ₹1,053 per kg.
The broader uptrend remains intact, with a bullish outlook for the contract.
Support levels are now at ₹1,020-₹1,025, with potential targets at ₹1,090-₹1,100.
Traders are advised to go long at current levels or on dips, with a stop-loss at ₹1,010.
- Who
- Traders and investors in the Multi Commodity Exchange (MCX)
- What
- Copper Futures prices have surged over 4% in the past week
- When
- December 3, 2025
- Where
- Multi Commodity Exchange (MCX)
- Why
- The broader uptrend is intact, and the outlook remains bullish for the MCX Copper Futures contract
- Current Price
- ₹1,053 per kg
- Previous Range
- ₹990-₹1,025 per kg
- Support Level
- ₹1,020-₹1,025 per kg
- Potential Target
- ₹1,090-₹1,100 per kg
- Stop-Loss
- ₹1,010
- Exit Price
- ₹1,095