Copper futures gain on fresh bets

New Delhi, Feb 3 () Copper prices on Monday traded up by Rs 1.65 at Rs 428 per kg in futures market on the back of pick-up in spot demand.

On the Multi Commodity Exchange, copper contracts for delivery in February traded higher by Rs 1.65, or 0.39 per cent, at Rs 428 per kg in a business turnover of 2,576 lots.

Similarly, the metal for delivery in March edged up by Rs 1.80, or 0.42 per cent, to Rs 430 per kg in 79 lots.

Analysts attributed the rise in copper prices to raising of bets by participants driven by a pick-up in spot demand. VHP SHW SHW