India's copper futures are expected to open slightly lower on Monday on profit-taking after gaining 10.1 percent last week, an analyst said.
The benchmark February copper contract MCCG9 on the Multi Commodity Exchange (MCX) ended the last session at 158.65 rupees per kg. It may open at around 158 rupees per kg. "It (copper) should continue its last week's pullback," said an analyst at a commodity brokerage, adding it should trade in the range of 155-165 rupees for the day.
January zinc MZIF9 ended at rupees 61.85 per kg, while lead for January delivery MLDF9 closed at 53.95 rupees per kg. GOLD:
Futures are expected to open lower on Monday tracking international markets, an analyst said.
Overseas gold erased earlier gains to fall slightly on Monday as safe-haven buying in the wake of Israel's weekend ground offensive in the Gaza Strip petered out.
The MCX February contract MAUG9 closed at 13,556 rupees per 10 grams the previous session. It may open at around 13,500 rupees per 10 grams and may trade in the range of 13,460-13,600, they added.
