RTRS: India copper futures are seen opening up, gold flat
MUMBAI, Oct 17 (Reuters) - India's copper futures are expected to open up on Friday tracking international markets, analysts said.
London copper bounced in early Asian trade on Friday following gains in the equities markets.
The benchmark November copper MCCX8 on the Multi Commodity Exchange of India (MCX) on Thursday ended down 3.34 percent at 231.40 rupees. It may open around 237-239 rupees per kg, one analyst said.
Prices later in the day are expected to find some support from bargain-buying after prices fell by a quarter in October, analysts said.
October zinc MZIV8 ended DOWN 8.3 percent at 58.85 rupees and lead for October delivery MLDV8 ended down 6.32 percent at 68.85 rupees per kg. GOLD:
India's gold futures are expected open nearly flat on the MCX on Friday with higher foreign markets offsetting pressure from a stronger rupee, an analyst said.
The benchmark December gold MAUZ8 closed on Thursday at 12,784 rupees per 10 grams.
The benchmark December silver MSVZ8 is likely to open slightly higher around 17,420 rupees per kg from its close at 17,381 rupees on a pull back.
(Reporting by Ruchira Singh and Nandita Bose; Editing by Ramya Venugopal)
