Evening Roundup : A Daily Report on Bullion, Energy & Base Metals for 03 July 2023 By Geojit Financial
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BULLION
Gold
Extended dip below 57700 may induce weakness in the counter. Revisiting trades above the 58600 may strengthen the prices.
Silver
Steady gains above 70900 may strengthen the prices. Whereas, a dip below 68800 may induce weakness as well.
ENERGY
Crude Oil
Mild Positivity may be seen. Extended gains above 5930 may strengthen the prices. Whereas, a dip below 5740 may induce weakness for the day.
Natural Gas
A dip below 221 region may induce weakness. Rebound may sustain only above 228.
BASE METALS
Copper
Weakness expected below 713 region. However, if the same support is held, mild rebound maybe seen.
Nickel
Thin volume trades seen.
Zinc
Rebound above 215.60 may strengthen the prices for the day. Weakness may be seen below 212.20 region.
Lead
Range bound trades may be seen. Rebound above 183.30 may strengthen the prices.
Aluminium
Mild weakness may be seen if prices dip below 193.10. Rebounds are possible if the same support level is held.
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