Gold Updates: By taking positive cues from spot gold prices, MCX gold prices gained around 1 percent. In yesterday Gold Prices touched an intraday high of Rs.29,867/10gm and closed at Rs.29,820/10gm. However, appreciation in the Indian rupee restricted sharp rise in the gold prices.
MCX Gold: Sup- 29760/29640 Res- 29900/29980
Silver Trend: By tracking firmness from spot prices, silver prices surged by more than 1 percent at MCX in Indian commodity market. Silver prices were settled at Rs.53,453/kg after touching a high of Rs.53,519/kg in closing session. However, appreciation in the Indian rupee capped sharp gains in the prices.
MCX Silver: Sup- 53050/52700 Res- 53600/53900
Copper Intraday Trading Tips: Copper, touched an intra-day high of $7497/tonne and closed at $7,479.0/tonne on Wednesday in LME. On MCX copper prices gained around 0.4 percent and closed at Rs.420.80/kg in the previous trading session after touching an intra-day high of Rs.421.90/kg. However, appreciation in the Indian Rupee capped further rise in the prices.
MCX Copper: Sup- 417/415 Res- 422/425
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