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RTRS: India copper, gold futures may open higher
 
MUMBAI, Oct 14 (Reuters) - India's copper futures may open higher on Tuesday as efforts to end the financial crisis boosted equity and commodity markets, an analyst said.

The benchmark November copper MCCX8 on the Multi Commodity Exchange of India (MCX) on Monday ended up 7.48 percent at 254.35 rupees. It may open around 257-258 rupees per kg, he said.

Copper prices are expected to trade up later in the day on hopes global measures will support the financial sector.

October zinc MZIV8 ended up 1.65 percent at 70.95 rupees and lead for October delivery MLDV8 ended up 4.38 percent at 76.20 rupees per kg.

GOLD:

India's gold futures are expected to open higher on the MCX on Tuesday, tracking firm overseas markets on the back of high crude oil prices, an analyst said.

The benchmark December contract MAUZ8 is expected to open around 13,100 rupees per 10 grams from its Monday's close of 13,068 rupees.

December silver MSVZ8 is expected to open around 18,850 rupees per kg from its closing at 18,764 rupees, the analyst added.

(Reporting by Nandita Bose and Ruchira Singh)

Source