RTRS: India copper, gold may open up on global leads
MUMBAI, Dec 22 (Reuters) - India's copper futures are expected to open slightly higher on Monday tracking markets in London, an analyst said.
The benchmark February copper MCCG9 on the Multi Commodity Exchange on Saturday ended at 144.40 rupees per kg. It may open at around 145 rupees, an analyst said.
Copper may trade in the range of 140-148 rupees, the analyst said.
December zinc MZIZ8 ended at 53.40 rupees per kg, and December lead MLDZ8 closed at 42.45 rupees per kg.
GOLD:
Indian gold futures are expected to open marginally higher on Monday in step with global markets, an analyst said. Overseas gold recouped some of last week's late losses in early trading on Monday as the dollar weakened, driving bullion nearly 1 percent higher. See [ID:nSYD402703] The benchmark gold February contract MAUG9 on the MCX may open at round 12,770 rupees per 10 grams, they said. The contract may trade in the range of 12,600-12,850 rupees.
The contract closed at 12,738 rupees per 10 grams in the previous session. (Reporting by Siddesh Mayenkar; Editing by Harish Nambiar)