The MCX precious white metal is now down Rs 592 and the yellow metal is also down Rs 211, respectively. The Indian rupee is quoted at 68.17 as against the US dollar.
19-Jan | Global commodity check at 10:05 am
Silver and Gold are witnessing losses, while Crude Oil and Brent Oil have advanced.
On the lower side Rs 3,650 and 3,700 per barrel are the noted resistances.
19-Jan | Technical comment for the day: Gold
On lower side, Gold will be supported at Rs 28,700 per 10 grams.
MCX Crude Oil futures ended down nearly Rs 100 per barrel at Rs 3,500 per barrel yesterday and look weary after such a mammoth drop.
A correction from here can take prices close to INR 392 and 388 per kg in medium term.
COMEX Gold is trading down 0.8 percent at $ 1,202 per ounce right now.
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