On MCX, gold is showing an
increase of 0.3 per cent around Rs 28,640, while silver is trading around 1 per
cent and is trading around Rs 38705. Crude oil on MCX has slumped 0.2 percent
to around Rs 2,850. Natural gas has come down to 200 rupees.
Talking
about the base metals, Copper has come down to 0.25 per cent in the domestic
market of around 375 rupees, while aluminum is trading above the Rs 120 level
with an increase of 0.2 per cent. Lead is also looking strong and it looks at a
price of around 150 rupees with an increase of 0.3 per cent, while Nickel is
trading around Rs 595 with a slight increase of 0.07 per cent while Zinc is
doing business with a weakness of 0.1 per cent.
Buy
MCX Gold 28600, Target 28900 and Stoploss 28500
MCX Silver Tips
Buy
MCX Silver 38450, Target 39000 and Stoploss 38250
MCX Copper Tips
Buy
MCX Copper 374, Target 382 and Stoploss 370
Today's Gold news - Gold futures were trading in the red in the domestic market on Wednesday as participants indulged in profit-booking at prevailing levels even as the metal strengthened overseas.
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