Wednesday, May 23, 2012

MCX Silver Tips, Copper Updates, Gold Tips, Crude Updates 23 May 2012

Gold along with silver may continue to remain on volatile path with some profit booking can be seen at higher levels. Gold can trade in range of Rs. 28,900-29,200 and silver can trade in range of Rs. 53,700-55,000 in near term. Base metals counter can open with negative note tracking weak overseas cues. Copper may trade in range of Rs. 425-435 while Lead may trade in range of Rs. 107-109 and zinc in range of Rs. 104-107 in near term. Crude oil can also trade in range of Rs. 5,080-5,180 with positive bias.

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