Mumbai: Indian gold futures are seen opening higher as overseas markets bounce on bargain hunting, an analyst said.
The benchmark April gold on the Multi Commodity Exchange of India Ltd (MCX) is seen opening around Rs12,000 per 10 grams, higher than its closing at Rs11,954.
Copper futures on the MCX are seen opening higher tracking overseas markets that were higher owing to support from surging equity markets.
The benchmark April copper on MCX is seen opening around Rs322 per kg from its close at Rs319.55, an analyst said.
Aluminium futures are seen opening firm tracking copper that was up on a rise in equity markets.
The benchmark March aluminium is seen opening at Rs114 per kg, from its closing at Rs113.65.