India gold futures are expected to open higher, recovering from Friday's sharp losses, following a related trend overseas, our MCX Tips expertise said.
The most-traded gold for April delivery on the Multi Commodity Exchange (MCX) ended 0.28 lower at 27,991 rupees per 10 grams in the previous session, after losing 1.80 percent.
The spot gold rebounded on Monday as Asian buyers rushed to grab bargains after better-than-expected U.S. jobs data helped prices fall nearly 2.15 percent in the previous session.
COPPER:
Copper futures are likely to open lower on Monday succeeding overseas markets, and a stronger rupee back home, analysts said.The most active copper for April delivery on the MCX ended flat at 444.10 rupees per kg in the previous session.Copper slipped on Monday as investors were cautious ahead of approaching target for Greece to accept the terms of a new bailout deal, offsetting boosting U.S jobs data that pushed prices up almost 3.12 percent in the previous session
The most-traded gold for April delivery on the Multi Commodity Exchange (MCX) ended 0.28 lower at 27,991 rupees per 10 grams in the previous session, after losing 1.80 percent.
The spot gold rebounded on Monday as Asian buyers rushed to grab bargains after better-than-expected U.S. jobs data helped prices fall nearly 2.15 percent in the previous session.
COPPER:
Copper futures are likely to open lower on Monday succeeding overseas markets, and a stronger rupee back home, analysts said.The most active copper for April delivery on the MCX ended flat at 444.10 rupees per kg in the previous session.Copper slipped on Monday as investors were cautious ahead of approaching target for Greece to accept the terms of a new bailout deal, offsetting boosting U.S jobs data that pushed prices up almost 3.12 percent in the previous session
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