Thursday, March 22, 2012

MCX Silver Tips ~ Commodity Market Updates Today

Precious metals are trading flat on MCX today. Gold is trading in the range of Rs. 27,750-27,900 and silver is trading in the range of Rs. 56,600-56,800. We expect prices to trade lower for the day. All base metals are trading lower on International bourses today. We expect prices to trade lower for the day. Support for April copper is seen at Rs.426 while resistance is seen at Rs.436. Crude oil is trading lower on MCX today. It is trading in the range of Rs. 5400-5500. We expect prices to trade lower for the day.


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