Evening Roundup : A Daily Report on Bullion, Energy & Base Metals for 11 January 2022 By Geojit Financial
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BULLION
Gold
If trades sustained above 55250, there is a possibility further gains. Weakness is expected only below 54930 region.
Silver
Break below 67300 region may weaken prices further. Rebound above 70100 may strengthen prices for intraday.
ENERGY
Crude Oil
Prices may gain strength above 6260 region. Whereas a dip below 6070 may induce intraday weakness.
Natural Gas
Extended fall below 297 may weaken the prices further. However, rebound above 321 region would strengthen the prices.
BASE METALS
Copper
Sustained trades above 758 region may strengthen the prices further, while dip below the same level may induce intraday weakness.
Nickel
Thin volume trades seen.
Zinc
Prices may appear firmer above 285. Corrective dips expected below 277.
Lead
Range bound trades expected. Prices may appear firmer above 190.50. Weakness may be seen below 186.20.
Aluminium
Range bound trades with mild rebounds expected. Weakness expected only below 210.20.
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