Commodity Updates: Gold Silver Declined, Crude, Copper Up

Gold & Silver commodities are trading under pressure in MCX market. However the prices have started showing a bounce back signal. MCX Gold once slipped below 30000 level but regained the level after reaching 29975. Currently it is trading near 3060 level wth a loss of 0.30%.

Silver is also trading with negative bias. For the day, if it is consistently trades above 54350, Intraday traders can opt it for buying.

Crude oil is up in trend and has reached above 4700 level with 1% gain. NYMEX crude has also trading up.
Base metals opened positive today. Copper can reach up to 424 level so buying could be a good bet on Copper MCX.


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