Zinc futures gain 0.41 pc on global cue

Base Metals Investing

Msn.com reports that zinc futures rose today, likely in anticipation of tomorrow’s Fed announcement.

Msn.com reports that zinc futures rose today, likely in anticipation of tomorrow’s Fed announcement.

The story is quoted as saying:

At the Multi Commodity Exchange counter, zinc for delivery in December traded 45 paise, or 0.41 per cent higher, at Rs 110.30 per kg, with a business turnover of 49 lots.
The metal for delivery in November traded higher by 40 paise, or 0.37 per cent, to Rs 109.20 per kg, with an open interest of 623 lots, while the metal for January contract was up by 30 paise, or 0.27 per cent, to Rs 111.10 per kg, with a trade volume of two lots.

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