The Rise of Copper: From Ancient Craft to Modern Investment
Srinagar- As the global demand for copper surges, Bashir Masoodi made a strategic investment in this versatile metal, reaping substantial profits in a short span of time. The historical journey of copper, once overshadowed by gold and silver, has now taken center stage in the modern economy.
Trading copper futures on the Multi Commodity Exchange (MCX) has become a lucrative endeavor for Indian investors like Masoodi. The rise in copper prices reflects its crucial role in industries such as electric vehicles, renewable energy projects, and data centers.
With daily mark-to-market adjustments dictating the trading landscape, investors closely monitor global trends, currency fluctuations, and supply dynamics to make informed decisions.
From Kashmir’s traditional copper craftsmanship to its integration into modern technology systems, the metal’s significance spans generations. Artisans in Srinagar continue to uphold the legacy of handcrafted copper goods, despite facing challenges from mass-produced alternatives.
As the world transitions towards electrification and digital innovation, copper remains at the forefront of this transformative journey. Policy makers in India are actively exploring strategies to reduce dependence on imported copper and bolster domestic production.
For Masoodi, copper embodies a rich narrative that connects heritage with progress. Each day, as he navigates the intricacies of the copper market, he is reminded of the metal’s enduring legacy and its pivotal role in shaping the global economy.
As copper futures continue to reach record levels on the MCX, one thing is clear: this ancient metal from Kashmir now holds the key to unlocking both traditional craftsmanship and modern wealth.
