Evening Roundup : A Daily Report on Bullion, Energy & Base Metals for 02 June 2023 By Geojit Financial
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BULLION
Gold
A rebound above 60300 may strengthen prices. Else, corrective dips may be seen if the same support is held.
Silver
Mild rebounds expected as long as trades sustain above 72340. Weakness expected if prices dip below the same.
ENERGY
Crude Oil
Sustained trades above 5910 may induce positivity in the counter. Dip below 5780 may weaken the counter.
Natural Gas
Weakness expected to extend below 177. Mild positivity expected if the prices rebound above 185 region.
BASE METALS
Copper
Mild positivity may prevail as long as trades sustain above 716. Dip below the same may induce weakness.
Nickel
Thin volume trades seen.
Zinc
Rebounds above 211.70 may strengthen the prices. Dip below 207.60 may induce weakness.
Lead
Dip below 181.40 may extend weakness. Else, mild rebounds may be seen holding the same support.
Aluminium
Rebound above 210.50 may strengthen the prices. Else range bound trades may be seen.
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