MUMBAI, July 24 (Reuters) - India's copper futures are expected to open steady with an upside bias on Wednesday on a weak dollar but gains are likely to be capped by worries about a likely slowdown in Chinese demand, analysts said. Investors will also await the Federal Reserve's decision later in the day about the economic outlook for further cues, analysts said. The dollar remained weak against the euro on Wednesday after tumbling sharply across the board. [USD/]. A weak dollar makes buying dollar-denominated commodities cheaper for holders of other currencies. Concerns that demand from China, the world's top copper consumer, could slow in coming months after record imports until May, will cap gains through the day, analysts added. The benchmark June copper MCCM9 on the Multi Commodity Exchange of India (MCX) on Tuesday ended up 1.91 percent at 235 rupees. It may open around 235.5-236.5 rupees per kg, one analyst said. June zinc MZIM9 ended up 1.8 percent at 73.45 rupees and lead for June delivery MLDM9 ended down 1 percent at 78.4 rupees per kg. GOLD: India's gold futures are seen opening steady on Wednesday as traders awaited the outcome of of the Federal Reserve's two day meeting, analysts said. A soft dollar will, however, support sentiment, analysts said. A weak dollar increases the yellow metal's appeal as an alternate investment. August gold MAUQ9 ended on Tuesday at 14,485 rupees, down 0.16 percent from the previous session. It is likely to open around 14,480-14,495 rupees per 10 grams, one analyst said.

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