Evening Roundup : A Daily Report on Bullion, Energy & Base Metals for 14 June 2023 By Geojit Financial
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BULLION
Gold
Range bound moves expected. A rebound above 59600 may strengthen prices for the day. Meanwhile, a voluminous dip below 58900 may induce weakness.
Silver
Range bound move may be seen in the intraday. However, an extended dip below 71600 may weaken the prices.
ENERGY
Crude Oil
Voluminous rebound above 5810 may strengthen the prices. Weakness expected only if prices dip below 5680 region.
Natural Gas
Recovery moves may be seen, 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
Prices would appear firmer above 220.50 region. Corrective dips below 215.70 may induce weakness as well.
Lead
Steady moves above 183.70 may strengthen the prices. Else, range bound moves may be seen.
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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