Spot gold steadied above $ 1,550 on Tuesday. Gold may remain in range of Rs. 22,400-22,600 while silver may remain in range of Rs. 53,000-54,500. Copper and other base metals may tad lower and can see some profit booking. Zinc can tumble further lower and can test 101-102 in MCX. Crude oil may also trade in red tracking weak overseas cues. Crude prices can trade in range of Rs. 4,150-4,300 in near term.
- Precious metals are trading higher on COMEX today.
- Base metals are trading marginally lower on International bourses today.
- Crude oil is trading lower on NYMEX today.
- MCX Gold August contract is currently trading at Rs. 22577, it rose by Rs. 105 in today's trade.
- MCX Silver July is trading at Rs. 53787, it is trading flat for the day.
- MCX Crude Oil July is trading at Rs. 4206, it is trading down by Rs. 15 for the day.
- All Base Metals in MCX are trading flat for the day.
