Thursday, April 12, 2012

MCX Silver Tips, Gold Updates, Crude Updates, Copper Tips Today

MCX Bullions Tips, MCX Silver Tips, Gold Updates:
Gold futures along with silver can trade in range amid mixed fundamentals. Gold June contract can trade in range of Rs. 28,500-28,750 and silver can also trade in range of Rs. 55,500-57,000 in near term.

MCX Base Metals Tips, Copper Updates:
Base metals may witness some lower level buying due to bounce back in euro and global equity markets. Copper may trade in range of Rs. 415-424 while Lead may trade in range of Rs. 105-107.50 and zinc in range of Rs. 102-105 in near term.

MCX Energy Tips, Crude Updates:
Crude oil can move sideways with positive bias in range of Rs. 5,250-5,350 in near term amid mixed fundamentals. While natural gas can tumble lower towards 102 in MCX.U.S.