Commodity Watch: Zinc futures advance on high turnover

New Delhi: Zinc prices rose slightly by Rs 3.75 to Rs 317.85 per kg in futures trade as traders stayed on the sidelines amid a lack of fresh triggers. Zinc contracts for February delivery edged up by 1.19 per cent in a business turnover of 2,164 lots. Traders attributed the slight rise in zinc futures to limited buying at lower levels, even as a lack of fresh triggers kept overall sentiment cautious.

Copper futures gain on spot demand

Copper futures rose by Rs 12.40 to Rs 1,340.60 per kg due to higher spot demand. Copper contracts for February delivery grew 0.93 per cent in a turnover of 6,557 lots. Analysts attributed the rise in copper prices to higher bets by participants.

Aluminium futures rise on fresh bets

Aluminium prices rose by 0.39 per cent to Rs 324.50 per kg in futures trade as speculators built up fresh positions amid a positive trend in the spot market. Aluminium for delivery in February increased by Rs 1.25 in 2,956 lots.