Leave gold and silver, there is an opportunity to invest in copper and aluminum, prices fell by 18% in 17 days; What is the opinion of experts?
New Delhi After gold and silver, the prices of copper and aluminum have also fallen drastically. Due to weak spot demand and sluggish signals from foreign markets, the prices of both the metals are trading with a decline in the futures market on Monday, February 16.
On Multi Commodity Exchange (MCX), a fall of Rs 7.20 or 0.60% was recorded in the February delivery contract of copper and the price stood at Rs 1,202.30 per kg. 16,287 lots were traded in this contract. At the same time, the copper contract for March delivery fell by Rs 9.05, or 0.73%, to Rs 1,226 per kg, with a turnover of 7,763 lots.
Copper also fell in COMEX and LME
Pressure was also seen in foreign markets. March copper futures on Comex were down 0.55% at $5.77 a pound. On the London Metal Exchange (LME), copper fell by $ 20.42, or 0.16%, to $ 12,900.58 per tonne. Experts say that due to weakness in global markets and sluggish domestic spot demand, traders reduced their deals, which put pressure on prices.
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Not only copper, aluminum also remained in the grip of decline. On MCX, the price of aluminum contract for February delivery declined by 10 paise or 0.03% to Rs 309.25 per kg. During this period 2942 lots were traded.
In the foreign market, aluminum on LME fell by $ 11.25 or 0.36% to $ 3,084.50 per tonne. According to market analysts, the main reasons for the fall in aluminum were softening of global prices and weak demand from domestic consumer industries.
Price fell by 19% from all-time high
On January 29, 2026, copper was at an all-time high of Rs 1480.30. That is, since then it has fallen by 18.92 percent i.e. by Rs 280. At the same time, aluminum also made an all-time high on January 29. During that time the price was at the historical level of Rs 361.25. From then till now it has decreased by more than 14%.
To invest or not, what do experts say?
Market experts believe that this decline in industrial metals has come at a time when the demand from infrastructure and manufacturing sectors is under watch. If global signals improve then recovery in prices is possible, but at present the pressure in the market is clearly visible. For investors, it would be better to decide whether this decline is an opportunity or a warning, considering the risk.
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