Copper prices rose by 1.81 per cent to Rs 323.55 per kg in futures trade today as participants created fresh positions, tracking a firm trend overseas.
Besides, pick-up in demand at the spot market supported the upside.
At the Multi Commodity Exchange, copper for delivery in August rose by Rs 5.75, or 1.81 per cent to Rs 323.55 per kg in a business turnover of 24,644 lots.
Similarly, the metal for delivery in far-month November traded higher by Rs 5.30, or 1.63 per cent to Rs 329.85 per kg in 502 lots.
Market analysts said a firming trend where copper led a rally in industrial metals as prospects for stimulus in Japan and better-than-expected US jobs data boosted the outlook for commodities demand, mainly buoyed the sentiment here.
Meanwhile, copper for delivery in three-months gained 1.5 per cent to USD 4,780.50 a metric tonne on the London Metal Exchange.
