Copper futures gain on higher demand

New Delhi, Aug 7 (PTI) Copper prices on Monday rose by 0.11 per cent to Rs 741 per kilogram in the futures market on the back of higher spot demand.

On the Multi Commodity Exchange, copper contracts for delivery in August traded higher by 85 paise or 0.11 per cent at Rs 741 per kg in a business turnover of 5,272 lots.

Analysts attributed the rise in copper prices to raising of bets by participants.