Copper prices gained 0.14 per cent to Rs 467.70 per kg in futures trade today as speculators enlarged their positions on a firm global trend.
At the Multi Commodity Exchange, copper for delivery in February gained 65 paise, or 0.14 per cent, to Rs 467.70 per kg in a business turnover of 2,122 lots.
Similarly, the metal for delivery in far-month April edged up by 50 paise, or 0.11 per cent, to Rs 472.20 per kg in 77 lots.
Analysts attributed the rise in copper futures to a firm global trend as declining inventories and signs that US manufacturing is gaining momentum outweighed concern that demand will slow down in China, the biggest user.
Meanwhile, copper for delivery in three months rose 0.3 per cent to USD 7,344.75 a tonne on the London Metal Exchange.
