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26-Aug | Gold, Silver up on MCX
The precious metals are currently trading at Rs 30,992 per 10 grams and Rs 43,856 per kg, respectively.
Copper prices fell to eight-week lows on Wednesday as rising inventories in Asian warehouses fueled fears about weaker demand ahead in top consumer China.
26-Aug | Global commodity check at 9:20 am
Silver, Natural Gas and Copper have gained, while Crude Oil, Brent Oil and US Soybeans have declined.
The gains are expected to be limited to Rs 3,250 per kg in medium term.
On Friday, supports for Copper are expected to emerge at Rs 305 and 302 per kg, while resistances are expected at Rs 315 per kg.
26-Aug | Technical comment for the day: Gold
From here the resistance for Gold is at Rs 31,250 per 10 grams, while supports are at Rs 30,800 per 10 grams.
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Technical comment for the day: Copper