Evening Roundup : A Daily Report on Bullion, Energy & Base Metals for 15 June 2023 By Geojit Financial
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BULLION
Gold
Prices may appear weaker below 58400 region. Whereas a voluminous rebound above 59200 may strengthen the prices for the day.
Silver
Extended dip below 70600 would weaken the prices. Recovery is expected to sustain only with a voluminous rebound above 72100.
ENERGY
Crude oil
Voluminous rebound above 5720 may strengthen the prices for the day. Weakness expected if corrective moves extend below 5560 region.
Natural Gas
Recovery moves may be seen, and the prices may appear firmer above 195 region. Weakness expected only below 188 region.
Copper
Prices expected to trade with mild positive bias. Dip below 725 may induce weakness.
Nickel
Thin volume trades seen.
Zinc
Mild positivity is expected as long as trades sustain above 217.70. Corrective dips below the same may induce weakness as well.
BASE METALS
Lead
Mild positivity may be seen in the counter. Unexpected dip below 182.50 may induce weakness.
Aluminium
Weakness may extend if prices dip below 202.70. Recovery moves may sustain above 205.20 region.
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