Wednesday, May 9, 2012

MCX NCDEX Tips, Copper Updates, Gold Updates Today 09 May 2012

Gold along with silver can trade sideways. Stronger rupee can keep the prices under pressure. Both gold and silver are trading at negative price today. Base metals counter can trade sideways with negative bias. Copper may trade in range of 430-436 while Lead may trade in range of 111-113 and zinc in range of 105-107 in near term. Crude oil can trade with mixed bias in range of Rs. 5,150-5,250 in domestic market.

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