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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