Evening Roundup : A Daily Report on Bullion, Energy & Base Metals for 13 June 2023 By Geojit Financial
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BULLION
Gold
Range bound moves expected. A rebound above 60300 may strengthen prices. Meanwhile, a voluminous dip below 59300 may induce weakness as well.
Silver
Range bound move may be seen in the intraday. However, an voluminous dip below 73000 region may weaken the counter.
ENERGY
Crude Oil
Voluminous rebound above 5660 may strengthen the prices. Weakness expected only if prices dip below 5520 region.
Natural Gas
Recovery expected in the intraday, and the prices may appear firmer above 195 region. Weakness expected only below 188 region.
BASE METALS
Copper
Prices may further strengthen above 731 region. Dip below 723 may induce weakness.
Nickel
Thin volume trades seen.
Zinc
Intraday gains may extend if prices break above 215.80. Corrective dips below 212.70 may induce weakness as well.
Aluminium
Weakness may extend if prices dip below 203.50. Mild rebounds may be seen if prices hold the same support.
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