New Delhi, July 20 Zinc futures today extended gains and added another 0.76 per cent on the Multi Commodity Exchange (MCX) largely in tandem with strong trend in base metals overseas, supported by signs of recovery in the global economy.
At MCX, zinc for delivery in September month contract rose 0.76 per cent higher at Rs 79.25 per kg in a turnover of 55 lots, while August month contract rose 0.71 per cent at Rs 747.60 per kg in a turnover of 1,470 lots.
Zinc for delivery in July month contract was also up by 0.70 per cent at Rs 77.55 per kg with a turnover of 4,076 lots.
Market analysts said gains in zinc price was mostly attributed to firming trend in zinc prices at Shanghai, where the metal shot up by 2.24 per cent to 13,720 yuan a tonne in early trade today.
