Copper futures closed higher in the domestic market on Thursday tracking firm European cues as voting started in the UK on referendum whether it should remain in 28-nation EU or not, which encouraged traders to invest more, thus led to increase in demand which in turn raised copper prices in domestic spot market. Investors focus returned from safe-haven assets on ease of global worries, supported the prices of Copper futures.
At the MCX, Copper futures for June 2016 contract is trading at Rs 320.70 per barrel, up by 0.99 per cent, after opening at Rs 317.20, against the previous closing price of Rs 317.55. It touched the intra-day high of Rs 322.30.
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