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RTRS: India copper may open lower, gold seen higher
 
MUMBAI, Dec 2 (Reuters) - India's copper futures are expected to extend losses on Tuesday as the market continues to reel under the impact of slowing demand, analysts said.

The benchmark February copper MCCG9 on the Multi Commodity Exchange of India (MCX) on Monday ended down 0.55 percent at 188.45 rupees. It may open around 187.5 rupees per kg, one analyst said.

Copper prices are expected to continue trading weak later in the day as demand shows no signs of picking up, analysts said.

December zinc MZIZ8 ended down 1.31 percent at 60.15 rupees and lead for December delivery MLDZ8 ended down 1.58 percent at 55.9 rupees per kg.

GOLD:

Indian gold futures on Tuesday are expected to edge higher in early trade, after declining 3.4 percent the previous day, tracking global markets, an analyst said.

International gold rebounded on Tuesday as bargain hunters resurfaced after the metal posted its biggest daily percentage fall in almost eight weeks the previous day on weaker oil and equities. See [ID:nSP148859]

The benchmark February contract on MCX MAUG9 may trade in the range of 12,600-12,750, the analyst said. The contract ended at 12,684 rupees per 10 grams in the previous session.

(Reporting by Nandita Bose and ; Editing by Prem Udayabhanu)

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