NEW DELHI: Buoyed by a firming trend in global markets and pick up in domestic demand, copper futures prices rose by 0.47 per cent to Rs 419.15 per kg today. Sentiment bolstered as copper gained in overseas markets after data showed China's inflation cooled for the fourth month in July, raising expectations of further policy easing from the largest consumer of the metal, traders said. Besides, pick-up in demand at the domestic spot market also supported the upside, they said. At the Multi Commodity Exchange, copper for delivery in August rose by Rs 1.95, or 0.47 per cent, to Rs 419.15 per kg in business turnover of 10,913 lots. Similarly, the metal for delivery in the November moved up by Rs 1.80, or 0.43 per cent, to Rs 424.70 per kg in 845 lots. Meanwhile, copper for the metal for delivery in three months climbed 0.4 per cent to USD 7,581 a tonne on the London Metal Exchange.

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