{"id":179757,"date":"2026-08-02T07:00:00","date_gmt":"2026-08-02T01:30:00","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=179757"},"modified":"2026-07-31T16:47:58","modified_gmt":"2026-07-31T11:17:58","slug":"copper-prediction-for-tomorrow-03-august-2026","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/copper-prediction-for-tomorrow-03-august-2026\/","title":{"rendered":"Copper Prediction for Tomorrow, Monday 3 August 2026: MCX Levels Heading Into the New Week"},"content":{"rendered":"<div class=\"meta-block\"><\/div>\n<p style=\"border-left: 4px solid #1F4E79; background: #EBF3FB; padding: 10px 16px; font-style: italic;\"><em>Copper prediction for tomorrow: Rs 1,342.75 per kg, +0.32% Friday. Watch Rs 1,335 support, Rs 1,350 resistance. RBI week opens tomorrow.<\/em><\/p>\n<p>Anyone building a copper prediction for tomorrow has one clean data point to work from: MCX Copper August futures settled Friday&#8217;s session at Rs 1,342.75 per kg, a move of +0.32% from Thursday&#8217;s Rs 1,338.5 close, with no fresh trade over the weekend to update that picture before Monday&#8217;s reopening. Copper stayed firm, supported by steady Chinese demand data and a weaker premium on London Metal Exchange stockpile drawdowns.<\/p>\n<p>This copper prediction for tomorrow was put together by Univest analysts Ankit Jaiswal, Senior Research Analyst, and Kunal Singla, Associate Director, working from Friday&#8217;s settlement prices and the calendar of events landing through the coming week. Ankit Jaiswal walks through the chart setup, and Kunal Singla adds the positioning and macro angle that could move the contract once trade resumes.<\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/univest.in\/blogs-2\/copper-prediction-for-tomorrow-03-august-2026\/#Fridays_Session_What_It_Means_for_Tomorrows_Copper\" title=\"Friday&#8217;s Session: What It Means for Tomorrow&#8217;s Copper\">Friday&#8217;s Session: What It Means for Tomorrow&#8217;s Copper<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/univest.in\/blogs-2\/copper-prediction-for-tomorrow-03-august-2026\/#Copper_Levels_to_Watch_Tomorrow\" title=\"Copper Levels to Watch Tomorrow\">Copper Levels to Watch Tomorrow<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/univest.in\/blogs-2\/copper-prediction-for-tomorrow-03-august-2026\/#Contract_Watch_F_O_Notes_for_Tomorrows_Copper_Prediction_for_Tomorrow\" title=\"Contract Watch: F&amp;O Notes for Tomorrow&#8217;s Copper Prediction for Tomorrow\">Contract Watch: F&amp;O Notes for Tomorrow&#8217;s Copper Prediction for Tomorrow<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/univest.in\/blogs-2\/copper-prediction-for-tomorrow-03-august-2026\/#Global_and_Policy_Backdrop_Ahead_of_Tomorrows_Copper_Prediction_for_Tomorrow\" title=\"Global and Policy Backdrop Ahead of Tomorrow&#8217;s Copper Prediction for Tomorrow\">Global and Policy Backdrop Ahead of Tomorrow&#8217;s Copper Prediction for Tomorrow<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/univest.in\/blogs-2\/copper-prediction-for-tomorrow-03-august-2026\/#How_to_Approach_Tomorrows_Session\" title=\"How to Approach Tomorrow&#8217;s Session\">How to Approach Tomorrow&#8217;s Session<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/univest.in\/blogs-2\/copper-prediction-for-tomorrow-03-august-2026\/#What_Could_Go_Wrong_Risks_to_the_Copper_Prediction_for_Tomorrow\" title=\"What Could Go Wrong: Risks to the Copper Prediction for Tomorrow\">What Could Go Wrong: Risks to the Copper Prediction for Tomorrow<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/univest.in\/blogs-2\/copper-prediction-for-tomorrow-03-august-2026\/#Conclusion\" title=\"Conclusion\">Conclusion<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/univest.in\/blogs-2\/copper-prediction-for-tomorrow-03-august-2026\/#What_is_the_copper_prediction_for_tomorrow_Monday_3_August_2026\" title=\"What is the copper prediction for tomorrow, Monday 3 August 2026?\">What is the copper prediction for tomorrow, Monday 3 August 2026?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/univest.in\/blogs-2\/copper-prediction-for-tomorrow-03-august-2026\/#Where_should_traders_watch_for_support_and_resistance_tomorrow\" title=\"Where should traders watch for support and resistance tomorrow?\">Where should traders watch for support and resistance tomorrow?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/univest.in\/blogs-2\/copper-prediction-for-tomorrow-03-august-2026\/#When_does_MCX_Copper_August_futures_expire\" title=\"When does MCX Copper August futures expire?\">When does MCX Copper August futures expire?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/univest.in\/blogs-2\/copper-prediction-for-tomorrow-03-august-2026\/#Why_does_the_RBI_meeting_matter_for_tomorrows_commodity_trade\" title=\"Why does the RBI meeting matter for tomorrow&#8217;s commodity trade?\">Why does the RBI meeting matter for tomorrow&#8217;s commodity trade?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/univest.in\/blogs-2\/copper-prediction-for-tomorrow-03-august-2026\/#What_are_Ankit_Jaiswal_and_Kunal_Singla_saying_about_this_copper_prediction_for_tomorrow\" title=\"What are Ankit Jaiswal and Kunal Singla saying about this copper prediction for tomorrow?\">What are Ankit Jaiswal and Kunal Singla saying about this copper prediction for tomorrow?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/univest.in\/blogs-2\/copper-prediction-for-tomorrow-03-august-2026\/#What_drove_copper_on_Friday\" title=\"What drove copper on Friday?\">What drove copper on Friday?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/univest.in\/blogs-2\/copper-prediction-for-tomorrow-03-august-2026\/#What_global_cues_matter_heading_into_tomorrow\" title=\"What global cues matter heading into tomorrow?\">What global cues matter heading into tomorrow?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/univest.in\/blogs-2\/copper-prediction-for-tomorrow-03-august-2026\/#Is_it_a_good_time_to_add_fresh_copper_positions\" title=\"Is it a good time to add fresh copper positions?\">Is it a good time to add fresh copper positions?<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Fridays_Session_What_It_Means_for_Tomorrows_Copper\"><\/span><strong>Friday&#8217;s Session: What It Means for Tomorrow&#8217;s Copper<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<ul>\n<li>MCX Copper August futures settled at Rs 1,342.75 per kg on Friday, a +0.32% move from Thursday&#8217;s Rs 1,338.5.<\/li>\n<li>Copper stayed firm, supported by steady Chinese demand data and a weaker premium on London Metal Exchange stockpile drawdowns.<\/li>\n<li>With the contract expiring 31 August, rollover positioning is a factor traders should have on their radar heading into tomorrow.<\/li>\n<\/ul>\n<h2><span class=\"ez-toc-section\" id=\"Copper_Levels_to_Watch_Tomorrow\"><\/span><strong>Copper Levels to Watch Tomorrow<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table style=\"border-collapse: collapse; width: 100%;\" border=\"1\" cellspacing=\"0\" cellpadding=\"6\">\n<tbody>\n<tr>\n<th>Metric<\/th>\n<th>Level<\/th>\n<\/tr>\n<tr>\n<td>Friday Settlement<\/td>\n<td>Rs 1,342.75 (+0.32%)<\/td>\n<\/tr>\n<tr>\n<td>Watch Support<\/td>\n<td>Rs 1,335 \/ Rs 1,325<\/td>\n<\/tr>\n<tr>\n<td>Watch Resistance<\/td>\n<td>Rs 1,350 \/ Rs 1,360<\/td>\n<\/tr>\n<tr>\n<td>Contract Expiry<\/td>\n<td>31 August<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>For tomorrow&#8217;s copper prediction for tomorrow, Ankit Jaiswal is watching Rs 1,335 first; a session that holds above that level keeps the setup on a stable footing, while a break sends the contract toward Rs 1,325. On the other side, clearing Rs 1,350 would put Rs 1,360 back on the table.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Contract_Watch_F_O_Notes_for_Tomorrows_Copper_Prediction_for_Tomorrow\"><\/span><strong>Contract Watch: F&amp;O Notes for Tomorrow&#8217;s Copper Prediction for Tomorrow<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>MCX Copper August futures runs through to 31 August, and Kunal Singla points out that open interest typically builds through the first half of an expiry cycle before rollover trade takes over. Currency swings around the RBI verdict this week are worth tracking too, since they tend to filter into MCX pricing alongside the contract&#8217;s own supply and demand fundamentals.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Global_and_Policy_Backdrop_Ahead_of_Tomorrows_Copper_Prediction_for_Tomorrow\"><\/span><strong>Global and Policy Backdrop Ahead of Tomorrow&#8217;s Copper Prediction for Tomorrow<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Tomorrow also marks the opening day of the RBI Monetary Policy Committee&#8217;s three day meeting, with the rate verdict due Wednesday, 5 August. The repo rate has been held at 5.25 percent across three straight reviews, and a fourth pause is the consensus view heading in.<\/p>\n<p>Overnight on Wall Street, the Nasdaq surged 2.78 percent and the S&amp;P 500 added 1.66 percent on Thursday as Microsoft led a broad tech rebound, a day after a Fed driven selloff. Brent crude settled near 89 dollars a barrel after an earlier spike past 93 dollars on Iran related strikes, and Gift Nifty was trading close to 24,422 on Friday morning.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"How_to_Approach_Tomorrows_Session\"><\/span><strong>How to Approach Tomorrow&#8217;s Session<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<ul>\n<li>Anchor tomorrow&#8217;s trade to Rs 1,335; staying above it keeps this copper prediction for tomorrow on a constructive footing.<\/li>\n<li>A push through Rs 1,350 would be the cue to look for continuation toward Rs 1,360 in this copper prediction for tomorrow.<\/li>\n<li>Scale into positions rather than going all in, with the RBI verdict still three sessions away.<\/li>\n<li>Set stops below Rs 1,325 so a single bad session does not undo the broader thesis behind this copper prediction for tomorrow.<\/li>\n<\/ul>\n<h2><span class=\"ez-toc-section\" id=\"What_Could_Go_Wrong_Risks_to_the_Copper_Prediction_for_Tomorrow\"><\/span><strong>What Could Go Wrong: Risks to the Copper Prediction for Tomorrow<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<ul>\n<li>A firmer dollar out of a hawkish RBI or Fed tone would be the clearest headwind for this copper prediction for tomorrow, especially in gold and silver.<\/li>\n<li>Any weekend flare up in the Iran-US standoff could send the whole commodity complex swinging sharply at Monday&#8217;s open.<\/li>\n<li>Expect choppier trade as 31 August approaches and positions begin rolling to the next contract month.<\/li>\n<li>A fade in Thursday&#8217;s Wall Street strength once Friday&#8217;s US session wraps up could dent risk appetite across commodities before Monday.<\/li>\n<\/ul>\n<h2><span class=\"ez-toc-section\" id=\"Conclusion\"><\/span><strong>Conclusion<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Heading into tomorrow, this copper prediction for tomorrow points to MCX Copper August futures holding a band between Rs 1,335 and Rs 1,350, with the RBI&#8217;s three day policy meeting opening the same day as the standout event for the week. Ankit Jaiswal and Kunal Singla both say Wednesday&#8217;s verdict, not tomorrow&#8217;s open, is the date that matters most for where this copper prediction for tomorrow eventually lands.<\/p>\n<p style=\"margin-top: 24px;\"><a href=\"https:\/\/univest.in\/user\/log-in?utm_source=blogs&amp;utm_medium=copper-prediction-tomorrow-3-aug\"><strong>Click Here &#8211; Get Free Investment Predictions<\/strong><\/a><\/p>\n<p style=\"margin-top: 24px;\"><a href=\"https:\/\/univest.in\/screeners\"><strong>Track live Copper and MCX commodity levels on the Univest Screener<\/strong><\/a><\/p>\n<p style=\"margin-top: 24px;\"><em>Download the <a href=\"http:\/\/apps.apple.com\/in\/app\/univest-stocks-investment\/id6443753518\" rel=\"nofollow noopener\" target=\"_blank\">Univest iOS App<\/a> or <a href=\"http:\/\/play.google.com\/store\/apps\/details?id=com.univest.capp&amp;hl=en_IN\" rel=\"nofollow noopener\" target=\"_blank\">Univest Android App<\/a> to get the copper prediction for tomorrow and daily commodity research from SEBI registered analysts.<\/em><\/p>\n<div style=\"background: #CC0000; border-radius: 8px; padding: 16px 20px; margin: 24px 0;\">\n<p style=\"color: #ffffff; font-size: 13px; line-height: 1.7; margin: 0;\"><strong style=\"color: #ffffff;\">Disclaimer:<\/strong> Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).<\/p>\n<\/div>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_copper_prediction_for_tomorrow_Monday_3_August_2026\"><\/span><strong>What is the copper prediction for tomorrow, Monday 3 August 2026?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The copper prediction for tomorrow points to MCX Copper August futures trading between Rs 1,335 support and Rs 1,350 resistance, based on Friday&#8217;s settlement of Rs 1,342.75 per kg.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Where_should_traders_watch_for_support_and_resistance_tomorrow\"><\/span><strong>Where should traders watch for support and resistance tomorrow?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Support sits at Rs 1,335 then Rs 1,325; resistance is at Rs 1,350 then Rs 1,360.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"When_does_MCX_Copper_August_futures_expire\"><\/span><strong>When does MCX Copper August futures expire?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> MCX Copper August futures runs through to 31 August, a date worth watching for rollover related swings in this copper prediction for tomorrow.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Why_does_the_RBI_meeting_matter_for_tomorrows_commodity_trade\"><\/span><strong>Why does the RBI meeting matter for tomorrow&#8217;s commodity trade?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The RBI Monetary Policy Committee opens its meeting tomorrow, with the verdict due Wednesday. Currency moves tied to that decision often carry through into MCX pricing, particularly for gold and silver.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_are_Ankit_Jaiswal_and_Kunal_Singla_saying_about_this_copper_prediction_for_tomorrow\"><\/span><strong>What are Ankit Jaiswal and Kunal Singla saying about this copper prediction for tomorrow?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Ankit Jaiswal is watching whether Friday&#8217;s +0.32% move extends or fades tomorrow, while Kunal Singla flags the RBI verdict and global crude trends as the bigger drivers for the week.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_drove_copper_on_Friday\"><\/span><strong>What drove copper on Friday?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Copper stayed firm, supported by steady Chinese demand data and a weaker premium on London Metal Exchange stockpile drawdowns.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_global_cues_matter_heading_into_tomorrow\"><\/span><strong>What global cues matter heading into tomorrow?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Brent crude settled near 89 dollars a barrel after an earlier spike past 93 dollars on Iran related strikes, and Wednesday&#8217;s RBI verdict is the dominant domestic trigger for the week ahead.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Is_it_a_good_time_to_add_fresh_copper_positions\"><\/span><strong>Is it a good time to add fresh copper positions?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Univest analysts suggest scaling in rather than committing fully ahead of Wednesday&#8217;s RBI decision, and recommend speaking with a SEBI-registered financial advisor before making investment decisions.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Copper prediction for tomorrow, Monday 3 August 2026: MCX Copper August futures at Rs 1,342.75 per kg, +0.32%. 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