Zinc gains by 0.1% on overseas cues

Improved demand in the spot market also influenced prices

Zinc futures edged up by 0.11% to Rs 137.15 per kg amid a firm global trend and better domestic demand as speculators enlarged positions.

At the Multi Commodity Exchange, zinc for delivery in January next year month edged up by 15 paise, or 0.11%, to Rs 137.15 per kg, with a business turnover of two lots.

The metal for delivery in current month also rose by 10 paise, or 0.07%, to Rs 136.45 per kg with a business turnover of 128 lots.

Marketmen said improved demand in the spot market amid a firming trend in base metals overseas supported the upside in zinc prices at futures trade.