India · 31 May 2026 · Market closed (weekend)
National pricing
| Purity | 10 g | 100 g | 1 kg |
|---|---|---|---|
Pure (.999) | ₹13.46 | ₹134.57 | ₹1,345.70 |
Difference is vs. previous trading day
| Date | 999 |
|---|---|
31 May 2026 Sunday | ₹1.35(+0.02) |
30 May 2026 Saturday | ₹1.33(0.00) |
29 May 2026 Friday | ₹1.33(+0.02) |
28 May 2026 Thursday | ₹1.31(-0.02) |
27 May 2026 Wednesday | ₹1.33(-0.01) |
26 May 2026 Tuesday | ₹1.34(0.00) |
25 May 2026 Monday | ₹1.34(-0.03) |
999 · INR per gram · India · always shows latest, independent of selected date
Today’s copper rate in India (31 May 2026) is ₹1.35 per gram, or approximately ₹1,345.70 per kilogram. Copper is treated as a national rate; the underlying market is the London Metal Exchange (LME) cash settlement, tracked locally on MCX.
Unlike gold or silver, copper is rarely held as physical retail bullion in India. Most exposure comes through MCX futures, commodity ETFs, and equity in mining and metals companies. The per-gram rate on this page is useful as a reference for jewellery and craft applications where copper is used decoratively.
Copper is the bellwether industrial metal. Demand is concentrated in construction (electrical wiring), power transmission, electronics, and increasingly electric vehicles and renewable infrastructure. China alone consumes about half of global annual copper output, so Chinese property and manufacturing data move the price more than any other single input.
Supply is concentrated in Chile, Peru and the DRC; mine strikes, grade declines, or new project delays can tighten the market quickly. Economists watch copper as a leading indicator of global industrial activity — hence the nickname “Dr. Copper”.
The copper-to-gold ratio is a closely watched macro indicator. A rising ratio (copper outperforming gold) typically signals optimism about global growth; a falling ratio signals risk-off sentiment. Long-term, the green-energy transition is expected to add structural demand — an EV uses roughly 4× the copper of a combustion car, and renewable grids are copper-intensive.
For retail investors in India, copper exposure is most commonly accessed through MCX futures (lot size 2,500 kg) and equity in companies like Hindalco and Vedanta. There is no widely available physical copper ETF in India.
Today's copper rate in India is ₹1.35 per gram, or roughly ₹1,345.70 per kilogram.
Copper is a London Metal Exchange (LME) base metal. The Indian rate is derived from the LME settlement converted to INR per kilogram and adjusted for import duty and local dealer margins. MCX (Multi Commodity Exchange) also publishes copper futures that closely track LME.
Copper is so widely used in construction, electrical wiring, electronics, and EVs that economists treat its price as a leading indicator of global industrial health — hence the nickname "Dr. Copper" for its ability to "diagnose" the economy.
In India, retail investors typically access copper through MCX futures contracts or commodity-themed mutual funds rather than physical bullion. Physical copper is bulky and oxidises, so it is not a practical store of value.
Copper and gold are weakly correlated. A rising copper price usually signals expanding industrial demand, which often coincides with periods when gold underperforms. The copper-to-gold ratio is sometimes used by macro investors to read the global growth outlook.
