Commodity Watch: Aluminium futures advance on increased turnover

New Delhi: Aluminium prices rose 45 paise to Rs 280.80 per kilogram in the domestic futures trade as speculators built up fresh positions amid a positive trend in the spot market. Aluminium for delivery in January went up by 45 paise or 0.16 per cent to Rs 280.80 per kilogram in a business turnover of 323 lots.

Zinc futures climb on spot demand

Zinc prices rose 90paise to Rs 305.95 per kilogram in futures trade amid a pick-up in spot demand. Zinc contracts for January delivery traded 0.3 per cent higher in a turnover of 677 lots. Marketmen said the widening of positions by participants kept zinc prices higher in the futures trade.

Copper futures gain on high bets

Copper futures rose 0.77 per cent to Rs 1,092.50 per kilogram on Thursday due to higher spot demand. Copper contracts for January delivery grew Rs 8.40 in a business turnover of 1,594 lots. Analysts attributed the rise in copper prices to higher bets by participants.