Hot Commodities: COMEX Silver soars to 20 month high
The recent jump in Silver is looking a bit shaky on this count and unless Copper spurts sharply, traders would be starting to question the logic behind such a massive rise in Silver prices.
Precious Metals Preview: Gold rallies 1% in Asia
The COMEX Gold futures are trading at $ 1,334.60 per ounce on the day. This upmoev should boost local Gold futures today.
Technical comment for the day: Gold
On the higher side Rs 31,400 and 31,420 per 10 grams are the cap to watch out for.
Precious Metals Preview: Gold failing to hold onto two year highs
MCX Gold August futures closed around Rs 31,300 levels yesterday and should slide towards Rs 31,100 mark today.
On the higher side Rs 31,500 and 31,550 per 10 grams are the cap to watch out for.
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Technical comment for the day: Crude Oil