Today Gold, Silver, Copper, Crude oil and other base metals in MCX commodity market are trading at negative prices. Gold may trade in range of 27,150-27,550 on domestic bourses while silver may remain in thin range of 54,500-55,700 in MCX. Copper can trade in range of 418-425 while zinc may test 108 in MCX. Support for February copper is seen at Rs.418 while resistance is seen at Rs. 430. Crude can move in range of 4,900-5,050 while short covering may continue in natural gas which can test 130-138 in MCX.
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