Thursday, May 3, 2012

MCX Commodity Tips, Silver Tips, Copper Updates Today 03 May 2012

MCX Silver Tips, Gold Updates:
Gold along with silver can trade choppy on mixed fundamentals. Gold can trade in range of 29,000-29,350 and Silver July contract can trade in range of 56,000-57,500 in near term.

MCX Base Metals Tips, Copper Updates:
Base metals counter can trade with mixed bias with mild profit booking can be seen at current levels. Copper may trade in range of 440-450 while Lead may trade in range of 112.50-113.50 and zinc in range of 106.50-108.50 in near term.

Crude Updates Today:
Crude oil can trade on flat note tracking mixed overseas cues. It can trade in range of 5,550-5,650 in MCX.